Energy companies storm communications

Energy companies Transelectrica, Electrica, Transgaz, Distrigaz Nord, Distrigaz Sud and Teletrans have teamed up in order to establish a telecom operator. The agreement was signed last Friday, with Economy and Trade minister Dan Ioan Popescu in attendance. The new telecom operator is scheduled to start operating on January 1, 2004. “We signed a memorandum stating every company’s determination to associate with the other partners, to provide certain resources and benefit from several services,” Jean Constantinescu, general manager of Transelectrica (the national electricity carrier) told Ziarul Financiar. ZF