In 2013 Oil Fund to finance AZN 200 million for fiber to home in Azerbaijan
Baku, Fineko/abc.az. Aztelekom intends to invest AZN 30 million in the development of its network.
Association’s head Magomed Mammadov informs that for the first three quarters of 2012 the volume of investments in the network amounted to about AZN 20 million.
"Our goal today is to increase the number of broadband internet users. As a whole, we plan to spend more than AZN 200 million in the broadband Internet project in regions in 2013 to be allocated by the State Oil Fund of Azerbaijan (SOFAZ),” he said.
SOFAZ is considered as a major donor of fiber to home program.
"By 2015, all the territory of Azerbaijan will be covered by broadband services to be the basis for E-Government Project,” Mammadov said.
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