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General

Romanian authority to invest EUR 200 mln to boost telecom market

Monday 5 February 2018 | 15:46 CET | News
Romania's telecommunications authority Ancom accumulated EUR 200 million in its bank accounts in the past years, an amount which the institution plans to invest in projects that will boost the telecommunications market, Ancom's head Sorin Grindeanu told local paper Ziarul Financiar. The projects to receive funding will be selected after talks with the government and the Parliament's IT Committee. The money will only go to projects on the telecom market, Grindeanu said.

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Categories: General
Countries: Romania
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