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Ownership change for Digi operator

June 8, 2012 08.41 Europe/London By Chris Dziadul

The Romanian telco RCS&RDS, which operates TV services under the brand name Digi in six CEE markets, has undergone a change in its ownership structure.

However, it still remains under the control of the local entrepreneur Zoltan Teszari.

Quoting a statement provided by RCS&RDS to the country’s National Audiovisual Council (CNA), ZF reports that Teszari has reduced his direct stake in the telco from 2.02% to 1.76%, while the names of two other shareholders – Ghiman Ovid and Valentin Popoviciu – no longer appear on the list.

The main shareholder in RCS&RDS is the Dutch-registered company Cable Communications Systems NV (88.54%), with RCS&RDS SA the second largest (7.83%).

Aside from Teszari, there are also 14 unnamed individuals and two unnamed companies that hold direct stakes in RCS&RDS.

Teszari indirectly controls Cable Communications Systems NV through a company named RCS Management SA.

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Filed Under: Central & East Europe, Newsline Tagged With: RCS/RDS Edited: 11 June 2012 11:11

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About Chris Dziadul

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