Rostelecom Yug, the regional subsidiary of national telecommunications operator Rostelecom, will invest one billion rubles (approx. $35 million) to develop Sochi’s telecommunication infrastructure, the company announced.
The funds will be used, in particular, to build an undersea fiber-optic cable in the Dzhubga-Sochi-Vesely area, to modernize power unit equipment, and to reinforce and digitalize the telecommunications networks of Sochi and its suburbs.
These funds represent only a part of the total amount that Rostelecom is investing in the area.
Sochi will host the 2014 Winter Olympic games.
Source: ComNews.ru
Topics:
Mobile & Telecom, News, Operators & Networks, Regions & cities, Sochi
