NEWS PSINet has bought Hungarian ISP, Elender Informatikai, for an undisclosed sum, however European president Harry Hobbs, told Dow Jones that it plans to invest up to $25m into the service over the next year. Elender has a strong presence in the business market, as it generates 75 per cent of the ISP's revenue. PSINet's investment is expected to go into a fibre optic network to build on the current leased line and ISDN services.
PSINet buys Hungarian ISP
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