Local Btc Invests 110 Million Eur In 2008

Bulgarian Telecommunications Company owned by AIG insurer informed that will invest 110 million EUR in 2008.

The sum will be used for improvement of its services and expand of the broadband network, Reuters informed.

BTC Chief Executive Officer Bernard Moscheni told media that the company will invest a 20% share of the total revenue of BTC in upgrading the network and services.

Last year BTC's revenue was 970,7 million BGN (485 million EUR). international.ibox.bg