ANCOM Coughs up USD37m to Placate Army for Freeing up LTE Frequencies
Romanian telecoms regulator the National Authority for Management and Regulation in Communications (ANCOM) has paid the Ministry of Defence RON129.0 million (USD36.7 million) for freeing up the recently auctioned frequencies that will be used to launch Long Term Evolution (LTE) services in the country.
ANCOM’s spectrum auction, which concluded last month, generated EUR682.1 million (USD882.3 million) for state coffers, with the five participating bidders securing 85% of the frequencies on offer. The amount of spectrum available for mobile communications, ANCOM said, has increased by 77% as a result of the tender. The successful bidders were Vodafone Romania, Cosmote Romania, Orange Romania, Romania Cable Systems (RCS&RDS), and 2K Telecom.