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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romania awards only 60% of frequency bands offered in mini-5G auction

ANCOM announced on November 23 that the tender for the allocation of radio spectrum for applications based on 5G technology had been completed, and the two bidders (both accepted) - RCS & RDS and Invite Systems will pay the state over EUR 40 mln.

"We have finalized the tender for the allocation of new frequencies for mobile broadband communications. Following this, the two winning participants will pay to the state budget EUR 43.4 mln, which accounts for 60% of the spectrum subject to the auction. We decided to organize the auction this year to offer the opportunity to the interested operators to maximize their portfolio of the spectrum in order to expand the capacity of their own networks and, consequently, to be able to offer state-of-the-art services. This allocation of additional spectrum for mobile broadband communications services will give a new impetus to the competition on the Romanian telecom market, for the benefit of end-users," said ANCOM Vice President Bogdan Iana, Ziarul Financiar reported.

andrei@romania-insider.com

(Photo source: Dreamstime.com)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romania awards only 60% of frequency bands offered in mini-5G auction

ANCOM announced on November 23 that the tender for the allocation of radio spectrum for applications based on 5G technology had been completed, and the two bidders (both accepted) - RCS & RDS and Invite Systems will pay the state over EUR 40 mln.

"We have finalized the tender for the allocation of new frequencies for mobile broadband communications. Following this, the two winning participants will pay to the state budget EUR 43.4 mln, which accounts for 60% of the spectrum subject to the auction. We decided to organize the auction this year to offer the opportunity to the interested operators to maximize their portfolio of the spectrum in order to expand the capacity of their own networks and, consequently, to be able to offer state-of-the-art services. This allocation of additional spectrum for mobile broadband communications services will give a new impetus to the competition on the Romanian telecom market, for the benefit of end-users," said ANCOM Vice President Bogdan Iana, Ziarul Financiar reported.

andrei@romania-insider.com

(Photo source: Dreamstime.com)

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