AcasăEurope NewsIf entire spectrum were allocated, state would win 692 million euros from...

If entire spectrum were allocated, state would win 692 million euros from 5G auction

Published on

The amount that could be obtained to the state budget from the 5G auction, if all the spectrum were allocated, is 692 million euros, according to the executive manager of Monitoring and Control from the National Authority for Administration and Regulation in Communications (ANCOM), Cristian Popa, Agerpres read.

„ANCOM has a rather busy period and one of the main objectives is to finalize the allocation of the frequency spectrum for the development of 5G technologies. One cannot make a smart city, one cannot make digitization if we do not have a high-performance and healthy infrastructure. At the beginning of this week, we have published the specifications for the tender, and until October 27 the bids for the spectrum tender can be submitted. After November 8, we will see if there is competition on certain bands to carry out the tender procedure, effectively on each block of frequencies. We will tender a quantity of 555 MHz, in 700 MHz, 1500 MHz, 2600 MHz and 3.5 MHz. We believe that the spectrum we take out is enough for each operator to take what they need for the strategy they have for the development of the respective network. As a budget, if all the spectrum were allocated, which has never happened at any auction, at the minimum price per frequency block, the amount would be 692 million euros, money that comes to the state budget. The licenses are allocated for 22 years – the 3.5 MHz ones, which come into force in 2026, for 25 years as well,” said Popa, in a specialist conference organized on Thursday.

The development of smart cities and the orientation of sustainable technologies to the inhabitants are among the topics analyzed, on Thursday, at the Smart Transformation Forum event.

Agerpres

Latest articles

Romania is on the home stretch in terms of meeting Visa Waiver admission criteria (ambassador)

Romania is on the home stretch in terms of meeting the admission criteria to...

‘Royal Family’s Contribution to Strengthening Romania’s Role in NATO and EU 2002-2023’ exhibition presented in Helsinki

Her Majesty Margareta, Crown Custodian, and Prince Radu participated at the Romanian Embassy in...

Edward Iordanescu: A memorable victory, a Generation of Soul

Coach Edward Iordanescu said on Monday, at the end of the football match Romania...

Iohannis congratulates Tricolorii: Exciting victory for our football team

President Klaus Iohannis congratulated Romania's national football team, nicknamed "Tricolorii" (the Tricolours) on Monday...

More like this

Romania is on the home stretch in terms of meeting Visa Waiver admission criteria (ambassador)

Romania is on the home stretch in terms of meeting the admission criteria to...

‘Royal Family’s Contribution to Strengthening Romania’s Role in NATO and EU 2002-2023’ exhibition presented in Helsinki

Her Majesty Margareta, Crown Custodian, and Prince Radu participated at the Romanian Embassy in...

Edward Iordanescu: A memorable victory, a Generation of Soul

Coach Edward Iordanescu said on Monday, at the end of the football match Romania...