Romania’s National Telecommunications Company (SNR) has received bids from three banks to help it finance the licence fee for the second DTT licence currently being auctioned by the regulatory authority ANCOM.
According to ZF, the banks – Banca Romaeasca, BCR and Banca Transilvania – would like to provide a loan of €5 million, repayable in quarterly instalments over a five-year period. The date of the first repayment would be Q1 2012, following the transition to digital broadcasting.
Romania will initially have two DTT multiplexes, each carrying seven channels and received by a minimum 80% of the population by the end of 2011.
The deadline for bids for the two multiplexes, which are also currently being contested by RCS/RDS, Romtelecom, TDF SAS, Media Village, ORS and General Satellite Sofia, is the end of this month.
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