Bucharest Stock Exchange (BVB)-listed Romanian telecommunications operator Digi Communications (DIGI) announced that, on October 27, 2021, its subsidiary Dixarobil won an auction for frequency bands and will begin providing services in Portugal. The company will pay a EUR 67.34 mln fee, according to Ziarul Financiar. "The decision will allow the Group to expand its activities in the Portuguese telecommunications market, to provide quality, accessible communications services based on the latest technologies," Digi said in a report. The Portuguese Telecommunications Authority (ANACOM) completed the tender to allocate frequencies in the bands of 700 MHz, 900 MHz, 1800 MHz, 2.1 GHz, 2.6 GHz and 3.6 GHz. ANACOM declared Dixarobil the winner of the frequency use rights in the bands 900 MHz (2x5 MHz), 1800 MHz (2x5 MHz), 2.6 GHz (2x5 MHz FDD and 25 MHz TDD), 3.6 GHz ( 40MHz). The allocation of the use rights will be made by a final decision of the Board of Directors of ANACOM. Digi Communications is the largest cable operator in Romania, with activities in Hungary, Spain and Italy. Digi has a market capitalisation of almost RON 4 bln, and its shares rose by 14.4% YTD.
Romanian president Nicușor Dan was received by King Charles III at Buckingham Palace on Wednesday, December 17, during his official visit to the United Kingdom, marking the final stage of his trip to London. The head of state also met with Romanians who welcomed him during the visit. President Dan posted a brief message alongside […]
Holidays are simply better when you share the traditional taste of Boromir Cozonac with your loved ones. Our Collection of Cozonac brings joy and warmth to festive gatherings, carrying on the sweet traditions of the winter season. With its soft core, rich fillings, and authentic flavor that comes from natural sourdough, the Boromir Cozonac is […]
As parents everywhere wrestle with the same uneasy question, how do you prepare children for a future shaped by rapid technological change and constant uncertainty, Verita International School is betting on a clear answer: teach students how to think, not what to think. In this interview with Romania Insider, Ashley “Ash” Peek, Head of Secondary […]
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
