The Hungarian alternative telco and cable operator Invitel has launched a €30 million network development programme in the retail and corporate sectors.

According to BBJ, it will bring high-speed internet and interactive TV to an additional 120,000 households this year.

Commenting on the development, CEO David Blunck said: “Invitel was able to double its revenue in the past two years in its two focus segments of business ICT and residential television services”.

He added that in order to strengthen Invitel?s market position in Hungary they will “speed up the realisation of Invitel?s business strategy.

Meanwhile, deputy CEO Marianne Langsteiner said she expects more than half a million household to have access to broadband internet by this August.

With the new network development programme, Invitel’s services should become available in 98 of the country’s largest cities.