CETIN to invest in FTTH connection

(ČIA) The CETIN Group expects that its main investments in the future will be to build an optical connection for households FTTH (Fiber to the Home). This year, during the pandemic period, the company invested CZK 2.3bn mainly in the development of telecommunications infrastructure. According to the company, there was a sharp increase in traffic in fixed and mobile networks as a result of the declaration of a state of emergency. CETIN provided the information in the mid-year report, stating that its revenues for H1 2020 reached CZK 9.7bn and the profit after tax was CZK 1.2bn.



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