Romania raises EUR 682mn in telecom licences auction.

By bne IntelliNews September 25, 2012
Romania's communications market regulator ANCOM has announced that it assigned 85% of the 575MHz bandwidth on sale to domestic telecom operators against an overall sum of EUR 682mn. Orange Romania, Vodafone Romania, Cosmote, RCS&RDS and new small-sized operator 2K won the auction. The major operators secured the necessary bandwidth to continue their business, while 2K purchased a narrow 30MHz slice in the 2,600MHz band. The telecom licences are valid for 15 years, except for several short-term licences aimed at helping existing operators continue their operations until the new licences come into force. The bandwidth available to operators thus extends by 77% and allows companies to implement 4G technology.
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