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Broadband

EC approves rescheduling of Ro-Net project

Friday 27 May 2016 | 15:51 CET | News
European Commissioner for Regional Policy Corina Cretu approved on 25 May the rescheduling of the Ro-Net project and the repayment of EUR 12.5 million from the 2007-2013 budget period for expenditures to date of the Ro-Net network.  More specifically, the decision of the European Commission aims to split the initial project in two phases, with the total amount approved for the first stage of the project being EUR 18.8 million, of which EUR 12.5 million is co-financed by the European Regional Development Fund. The rescheduling comes as a result of the fact that Telekom Romania, who won this

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Categories: Fixed / Internet
Companies: European Commission / Telekom Romania
Countries: Romania
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