Technological modernization in “Sofia Connect” Ltd.

Bearing in mind the rapidly growing market for telecommunication services "Sofia Connect" Ltd. plans to expand its operations in northern Bulgaria by marketing of a new service for the company - "data storage”. The aim is to meet the needs and requests of local Internet and IPTV providers. The project provides for the purchase and delivery of one Specialized server for monitoring, analyzing and storing of traffic data and two Systems for providing additional space and archiving to meet the needs of the company. The interest in the service is very high as the equipment and maintenance costs and operation are unbearable for small and medium-sized companies. That is why the practice is to lease disc space in established arrays built with good connectivity and to work on them. The equipment will be located in the geographically and strategically important city of Montana, which is situated on national and international crossroads of communication routes. A special technical room is carefully selected, designed and intended for the operation of telecommunications equipment, with infrastructure and built in connections that meet international security standards. The Implementation of the project aims through the establishment of a new business object " Sofia Connect" Ltd. to offer the market a new service, that will lead to growth and potential to take on new customers with different needs. The implementation of long-term investment by setting high class hardware equipment in the city, standing on the cable ring will meet the needs of local operators and can provide storage of the traffic coming from Sofia, Ruse, Romania and Georgia. Naturally, this will lead to the enclosure of the range of needs of the firms with which the company works and will open a huge potential for recruiting new, which will consolidate the position of "Sofia Connect" Ltd. in the telecommunications branch.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 27 Dec, 2016
Contract date 20 Jun, 2016
View in UMIS

Financial information

Total cost 672,500.00
Grant 470,750.00
Self finance 201,750.00
Total paid 470,750.00
EU participation percent 85.0%

Location