Romania’s Digital Cable Systems (DCS) has posted a turnover of €30 million for 2009, or 20% more than in the previous year. It has also announced it strategy for this coming year, which includes the launch of a digital cable TV service in March.
Reports in ZF and Financiarul say the company, which is backed by the investment fund AIG and operates cable and DTH services in Romania under the brand name AKTA, expects its EBITDA to increase by 10% this year. Internet services will, as in 2009, continue to drive the business, growing by between 20-30%.
DCS is also eying acquisitions this year and is in talks with both banks to obtain the necessary finance and with other cable operators.
TV services currently account for 75% of DCS’s revenues, with internet claiming approximately 20% and telephony – launched only last September – the remainder.
DCS currently has around 200,000 subscribers, of who over 3,000 receive its telephony service.
