October 21 (SeeNews) - Bulgarian internet and IPTV services provider ITD Network said on Wednesday it has completed its restructuring and will be renamed to Cooolbox.
All resources of the company will now be focused on the development of services and their continuous improvement, Cooolbox said in a press release.
The main objective of the restructuring, which took three years and absorbed 5 million levs ($2.9 million/2.6 million euro) of investments, was to shift the focus to delivering services - based on Direct Fibre to the Home technology - to small and medium-sized companies and from providing integrated telecom solutions to corporate customers.
Cooolbox added it is in the final stages of ensuring full coverage of household customers in Plovdiv whereas in Veliko Tarnovo this process has already been completed. According to the company's website, it also provides services on the territory of Sofia.
(1 euro = 1.95583 Bulgarian levs)