“UPC Romania will invest in boosting data transfer speed, which will reach up to 1Gbps, and in developing its networks. The amount allotted for investments in 2014 reaches EUR30 million, similar with funds spent this year,” the company’s general manager Severina Pascu said Tuesday at ZF Digital’13, an event organized by Ziarul Financiar.
Orange Romania head Jean Francois Fallacher said the company he runs will invest in its fourth generation (4G) telecom network and renewing network equipment in urban areas.
He also said the company will keep investing in training programs for Orange Romania employees, given that smartphones account for half of the company’s sales of mobile phone terminals. Fallacher added investments in the previous years ranged between EUR100 and EUR120 million.
Nikolai Beckers, head of Cosmote Romania and Romtelecom, estimates investments will reach EUR170 million in 2014 and will target both fixed and mobile networks.
Vodafone Romania’s Chief Financial Officer Till Streichert, in turn, said next year’s investments, which will amount to EUR100 million, target higher data transfer speed and extended coverage.