• Subscribe to our Daily News Emails
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

RCS&RDS looking for €600m

September 1, 2016 08.01 Europe/London By Chris Dziadul

Digi TVRomania’s leading cable and DTH operator RCS&RDS will hold a general shareholders’ meeting on October 3 to discuss securing up to €600 million in new funding.

Quoting a statement published in the Official Gazette, Business Review reports that the money will be used partially or fully to restructutre the company’s debts, which amounted to some €1 billion last year.

It adds that shareholders will decide on the number of financing deals, with the funds being obtained from the capital markets or from banks or investments funds.

RCS&RDS’s debts in 2015 amounted to more than those of Orange and Vodafone combined in Romania but were lower than those of Cosmos.

It had a net loss of €5.15 million in 2015, or 67.7% less than a year earlier.

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Related

Filed Under: Central & East Europe, Newsline Tagged With: RCS/RDS, Romania Edited: 2 September 2016 16:59

Avatar photo

About Chris Dziadul

Latest News

  • MultiChoice planning revamp of DStv service
  • Eutelsat confirms UK involvement in capital increase
  • Broadcasters confirmed for Ligue 1 football coverage
  • DVB releases findings from Film Grain Synthesis study
  • TVP VOD reports large increase in linear channel streaming

Most Popular

  • Broadcasters confirmed for Ligue 1 football coverage
    Broadcasters confirmed for Ligue 1 football coverage
  • MultiChoice planning revamp of DStv service
    MultiChoice planning revamp of DStv service
  • DAZN picks up international rights to Serie A 
    DAZN picks up international rights to Serie A 
  • Warner Bros Discovery confirms Wimbledon plans
    Warner Bros Discovery confirms Wimbledon plans
  • Bundesliga returns to Play Sports
    Bundesliga returns to Play Sports
  • Eutelsat confirms UK involvement in capital increase
    Eutelsat confirms UK involvement in capital increase
  • Sky adds new rewards to loyalty programme
    Sky adds new rewards to loyalty programme

White Paper

Eutelsat planning capital increase to become European Starlink

The French state has bolstered its take in Eutelsat as part of a €1.35 billion capital increase. … [Download the White Paper ...]

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Editorial

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Commercial

Arundel View Cottage
Wepham
West Sussex
BN18 9RA
sales@broadbandtvnews.com

Connect with Us

 

Copyright © 2025 Broadband TV News LLP · Log in

 

Loading Comments...
 

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.