Long-awaited consolidation in Romania’s DTH market could finally be about to get under way, with Boom TV a takeover target for Romtelecom.
Nine o’clock reports that the incumbent telco has made a maximum bid of €6 million for the platform, which is owned by the Israeli company DTH Television Group. However, the deal cannot be completed if Boom TV’s subscriber base falls below 65,000 by the middle of next year.
Although Boom TV claimed to have 130,000 subscribers last summer, the current total is believed to be no higher than 70,000.
Under the terms of any deal between Romtelecom and the DTH Television Group, the former would only acquire Boom TV’s subscribers.
Romtelecom already operates Dolce, Romania’s second most popular DTH platform.
Digi TV, the market leader, is operated by RCS/RDS, with the other platforms being Focus Sat (UPC) and MAX TV (DCS).