The auction held by the ministry in search of a third consultant in the process was also joined by KPMG Romania and a consortium formed of law firms Bostina&Asociatii and Reff&Asociatii.

The bidding deadline was on November 30.

The contract has a value of EUR200,000, VAT excluded, and a six-month timeframe.

Aside from PwC, the option evaluation process will have another two consultants, namely law firms Stoica&Asociatii and Bostina&Asociatii.

Romtelecom is the largest local operator of fixed telephony. It is 54.01% owned by OTE, while the Communications Ministry holds 45.99%.