Tuesday, April 19, 2005

Telecom Providers Target Surprising New Market: Eastern Europe

In the spirit of the pursuit of the ever-elusive profit, this article comes to you via Networking Pipeline. "Having tapped out markets on their home turf, European telecommunications companies are aggressively exploring a new frontier: Eastern Europe. The signing last week of a $3.58 billion deal between the Czech government and Spain's Telefonica SA for 51.1 percent of Cesky Telecom illustrates where companies are looking for new customers."

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