According to Romanian business daily Ziarul Financiar, Turk Telekom intends to invest around EUR2 million (USD2.6 million) in its Romanian subsidiary, corporate-focused broadband operator Euroweb, during 2012, with a view to doubling its subscriber base to 2,000 by 2014. A total investment of EUR10 million has been earmarked for the operation during the next four years. Founded in 1998, Bucharest-based Euroweb Romania provides broadband internet and IP telephony services to corporate clients in Romania’s 40 largest cities
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OVETEL Turk Telekom to invest EUR2m in Euroweb in 2012
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