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Broadband

Netcity Telecom put up for sale by UTI Group

Monday 21 September 2015 | 11:37 CET | News
Romanian company UTI Group is selling Netcity Telecom, a company which builds an underground optical fibre network in Bucharest, writes local paper Ziarul Financiar citing sources from the financial and telecommunications markets. Netcity, whose main asset is the network of over 1,000 kilometers of fibre in Bucharest, is eyed by several investors, including local communications operators. A number of investors interested in finding financing for the takeover transaction contacted some local banks, according to the same sources. 

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Categories: Fixed / Internet
Companies: Netcity Telecom
Countries: Romania
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