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RCS&RDS continues to grow

July 16, 2012 10.15 Europe/London By Chris Dziadul

Romania’s RCS&RDS gained 200,000 cable subscribers by acquiring smaller networks in 2011.

According to ZF, it paid around €20 million for the networks, at an average of €100 per subscriber.

Furthermore, it has gone on to make several more acquisitions this year, four of which – Telemach, Euro Cable, Kabel Prodcom and Bitzone – have so far been made public.

In the case of Telemach, which was based in Piatra-Neamt, the business had over 30,000 subscribers and was worth over €2 million.

RCS&RDS is the largest cable and DTH operator in Romania and faces strong competition from both Romtelecom and UPC Romania.

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Filed Under: Central & East Europe, Newsline Tagged With: RCS/RDS, Romania Edited: July 16, 2012 10:15

About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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