WiMAX Telecom to invest at least €10 million in Slovakia

WiMAX Telecom Slovakia, one of the FWA 3.5 GHz band license holders, will spend at least €10 million (Sk389 million) during the first phase of building the FWA network in Slovakia, SITA news agency reported.

According to company director Juraj Koèiško, WiMAX Telecom wants to provide base stations for all county capitals in Slovakia by mid 2006. Network accessibility should exceed 20 percent of the Slovak population at that point.

By the end of 2007, WiMAX network's accessibility should reach 60 percent of the population.

WiMAX (Worldwide Interoperability for Microwave Access) is a new broadband technology used for broadband access to the Internet and other services accessible via Internet protocol.

Compiled by Martina Juranová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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