RCS&RDS Took Out Money From Citi To Pay 900-Mhz License - Sources

08.22.2012 By Adrian Seceleanu

RCS&RDS borrowed on August 9 EUR25 million from Citibank in order to be able to quickly pay the tax charged by telecom market regulator ANCOM to operators that win one of the frequency blocks in the 900-MHz band for 2014-2029, market sources told ZF.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:
RCS
, LICENSE
, TELECOM
, CITIBANK
, LOAN

Please fill all required fields!

Your comment was successfully added!

Comments will appear only after the moderation.