Furthermore, according to its CEO Serghei Bulgac, quoted by ZF, the company does not anticipate any increases in subscription fees.
Bulgac added that RCS&RDS, which operates under the brand name Digi, still sees room for growth in both the fixed and mobile sectors in Romania without making acquisitions.
It currently allocates over 80% of its investment budget to its home market, where it is the country’s leading provider of cable and DTH services.
Romania also provides 72% of its revenues.
RCS&RDS had revenues of €405 million and an operating profit of EBIDTA €130 million in the first half of this year.
Last month, it raised €350 million through a bond issue and secured a syndicated loan of RON1.7 billion.
Bulgac also said that the company plans to reduce its level of debt over the coming years.