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

Newsroom 28/10/2014 | 18:33

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.

Otilia Haraga

BR Magazine | Latest Issue

Download PDF or read online: October 2022 Issue | Business Review Magazine

The October 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Globalworth Successfully Addressing Market Challenges From a Position
Newsroom | 26/10/2022 | 17:53

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue