ALBACOM EXPECTS TO BREAK EVEN IN 1999.
The Italian Albacom consortium which, on April 7 secured a licence to operate a public fixed telephony network, expects to break even in 1999, according to Company Secretary Giuliano Venturi. The group aims to achieve this through investments totalling 2,000 billion Lire up to 2006. Mr Venturi indicated that initial tests of Albacom's fixed telephony service for private clients should begin in July, with the official launch of the network scheduled for the beginning of 1999. The...
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