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.