Romanian communications minister vows to launch 5G auction in Q4

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Romania intends to launch the 5G auction in the fourth quarter of this year, Romanian Communications minister, Alexandru Petrescu, has announced as quoted by Bloomberg.

The auction will be open to all companies, including to those using Huawei equipment, the Romamnian minister told an interview in Bucharest.

The necessary investments in the new technology are very high and we have to take that into account and make the auction as attractive as possible,” Petrescu said.

The Bloomberg article also mentions the GEO 114, the so-called “greed tax”, adopted last year, which is affecting more local industries, including the telecom players.

Communications minister said his ministry is working to amend the GEO in about two weeks, in order “to ease the impact of the tax.”

The National Authority for Administration and Regulation Communications had warned a week ago that the 5G auction could be blocked if GEO 114 is not repealed.

The National Internet Service Providers Association in Romania (ANISP) also warned at the end of last year that the over taxation of the industry by 3% of the turnover will have negative effects in terms of tariff increases and of slowing down the investments in new technologies such as 5G.

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