By Telecompaper

Tele-Post Greenland said it is still planning to extend the sea cable in a northerly direction and expand the radio chain to Upernavik in the period 2015-16. Tele-Post plans to finance these large-scale investments by taking out loans. It has a good rapport with the banks and the Greenlandic government (Naalakkersuisut), and it expects to be able to obtain the necessary credit in 2015. It said press reports may have given the misleading impression that Tele-Post would not be investing in infrastructure outside Nuuk.

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