The shareholders of telecommunications company RCS & RDS approved a
share capital increase to 12 million euros, in view of making an offer for
the acquisition of a 3G license, said Alexandru Oprea, the general director
of RCS & RDS. Besides this project, shareholders considered a larger
nominal capital would be useful for making certain investments, added Oprea,
not offering further details. At this point, the company's share capital is
approximately 76,700 euros. According to the terms and conditions of the
tender for the last two 3G licenses in the property of the state, bidders
must have a share capital of at least 12 million euros.
source
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