Romania round-up: Orange, Vodafone rename JV; Cosmote increases LTE footprint; RCS acquires fibre stake

9 Apr 2014

Orange Romania and Vodafone Romania have decided to rename their network joint venture Ovidiu Telecommunications as Netgrid Telecom, business daily Ziarul Financiar (ZF) reports. Signed last year, the infrastructure pact is set to cover a period of 16 years, and the two companies hope that the resultant synergies will generate savings of around EUR10 million (USD13.8 million).

Meanwhile, domestic rival Cosmote Romania has reportedly extended its LTE network to cover 90% of Bucharest, as well as a further 19 cities. According to ZF, locations covered now include: Bacau, Botosani, Braila, Predeal, Buzau, Cluj-Napoca, Constanta, Galati, Iasi, Bragadiru, Jilava, Otopeni, Baia Mare, Piatra Neamt, Busteni, Ploiesti, Sinaia, Satu Mare and Suceava. In addition, the cellco has increased its maximum LTE down/uplink speeds to 150Mbps/50Mbps.

Finally, Romania Cable Systems (RCS&RDS) has acquired a minority 14.17% stake in Cluj-Napoca-based Cluj Fiber Optic Integrator (CFO Integrator), the company behind the region’s DuctCity project.

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share