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Romania to invest nine billion Euro in 5G network by 2024, says ANCOM

Investments in Romania's 5G network will go up to nine billion Euro by 2024, and the auction for the frequencies dedicated to this technology will begin by mid-2019, according to the National Authority for the Administration and Regulation of Communications (ANCOM).

2018-09-27 12:41:19

Of the total nine billion Euro, 1.6 billion Euro will be invested in communications, and the rest will go towards sectors that will "go through certain transformations" after 5G is introduced. "Whether we're talking about health, transport, services or agriculture, they will all change with 5G technology," ANCOM said.

The government approved a Decision to create an inter-ministerial group coordinated by ANCOM, which has to elaborate the National 5G Strategy by the end of the year, which should include not just the sale of 5G licenses, but also the ways it can be integrated into various sectors.

ANCOM said that the Strategy would be ready by the end of the year, and that countries like Israel or the UK have already approved such a strategy.



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