March 21 (SeeNews) - Bosnian state-controlled BH Telecom [SAJ:BHTS] said it signed a deal worth 12.3 million marka ($6.8 million/6.3 million euro), VAT excluded, with Nokia Solutions and Networks for the implementation of dense wavelength division multiplexing (DWDM) optic infrastructure.
The project will increase the capacity of the national backbone optic infrastructure at Terrabit/s level and the telco's international optical routes, BH Telecom said in a press release on Monday.
The DWDM optical infrastructure will be implemented on 41 locations, 34 of which are in Bosnia and the rest are in Croatia, Serbia and Hungary, Sedin Kahriman, general director of BH Telecom, said in the press release.
BH Telecom's shares traded 1.92% higher at 13.99 marka on the Sarajevo bourse by 10:50 CET on Tuesday.
BH Telecom is the largest of three telecommunications companies operating in Bosnia, which comprises two autonomous entities, the Federation and the Serb Republic.
BH Telecom is based in Bosnia's capital Sarajevo and has its customers mainly in the Federation. The company offers fixed and mobile voice services and Internet access.
The other two Bosnian telcos are HT Mostar, which is active in the Federation, and Telekom Srpske which operates in the Serb Republic.
(1 euro = 1.95583 marka)