Radiocom gets EIB funds for the digitalisation of Romania's terrestrial broadcasting infrastructure
The European Investment Bank (EIB) is lending 9.78 million Euro to Romanian public company Societatea Nationala de Radiocomunicatii SA (Radiocom) to partially finance the digitalisation of the country's terrestrial broadcasting infrastructure. This transaction is backed by the European Fund for Strategic Investments (EFSI), the financial pillar of the Investment Plan for Europe, or "Juncker Plan". 2018-12-14 10:47:43
This project supports the roll-out of a digital TV broadcasting network based on the DVB-T2 standard, to enable the switch-over from analogue to digital terrestrial television distribution.
The network that will be rolled-out at 228 broadcasting sites is planned to carry the signal of the national free-to-air TV operator covering some 94 per cent of the population and 81 per cent of the country. The investments will also contribute to a more efficient use of the highly valuable radio spectrum.
"The EIB financing will enable the implementation of digital terrestrial television in Romania, a unique opportunity to expand the audiovisual industry, viewed from the perspective of the image quality of television programmes provided through electronic communications networks, and their interactivity in relation to the require ements of the beneficiaries (citizens) of these services," said Eugen Brad, CEO of Radiocom.
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