Romanian govt. is preparing financial discounts for telecom operators who invest in internet networks

The Romanian government is preparing a set of laws meant to stimulate investments into data networks, announced Razvan Cotovelea, minister for Information Society, according to Hotnews.ro.

“At the moment, for a certain frequency was granted, a license tax is paid upon allocation and also an annual tax. We wish to come in Parliament with a law package that should allow financial discounts for telecom operators if they are investing in internet infrastructure,” said the minister.

“To give an example, if an operator has invested EUR 30-35 million, then over the next years a discount is applied to the annual tax they must pay to ANCOM. In this way, we can stimulate and develop new services and direct investments,” said Cotovelea during an event dedicated to the National Strategy for the Digital Agenda for Romania.

Last year, telecom operators Orange, Vodafone, Cosmote (now Telekom Romania), RCS&RDS and 2K Telekom completed the payment of the telecom licenses acquired in 2012. 

The total amount paid for the won licenses was EUR 682 million.

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