Telekom could enjoy a great news that came these days because what the telecommunications operator has been waiting for for a very long time is going to happen in a fixed ending. More precisely, the Romanian Government recently decided to establish a special commission to finally make a decision regarding the 5G auction and who will be able to supply equipment for operators, but in the alternative this is good news for Telekom for other reasons as well.
Telekom could finally have a decision by the Romanian Government that would allow it to complete the sale of the fixed services division to those from Orange, a decision that it has been waiting for since the fall of 2019. Since then and until now, the Romanian Government has changed, the Coronavirus pandemic came, and the plans of the Telekom people were put on hold for more than 6 months, which of course does not please the people there at the moment.
Telekom: GREAT news, what is happening with Romanian customers
Telekom could finally have the problems solved in Romania starting with the next period because it is very possible that the Romanian Government will not only discuss the future of 5G, but also about the company's situation. Both those from Telekom and those from Orange talked with Prime Minister Ludovic Orban at the end of 2019 to ask him to expedite a decision regarding the approval of the transaction between the companies, but the results are still pending.
Telekom it needs a decision from the Romanian Government because we are talking about the infrastructure that includes national security, and beyond that, those from the European Commission will also have to make a decision. Telekom: The GREAT news, what is happening with the Romanian customers will not be able to complete the sale to the Orange customers very soon, but things will more than likely go in the end in the direction desired by both groups.
Telekom he is preparing his departure from Romania with many offers aimed at increasing his customer base, probably also to get more money during the sale to those from Orange.
