RCS&RDS (Digi) has agreed to buy Romania’s largest independent cable operator AKTA (Digital Cable Systems – DCS) in what has been described as a “complex transaction”.
The investment fund Pinebridge is reported to have sold some of its shares in the leading Romanian cable operator Akta.
Romania’s leading regional cable operator Akta has launched an online TV platform.
Akta Group, which operates the largest independent cable company in Romania, had a combined turnover of RON228.1 million (€50.1 million) in 2017.
Orange is in talks to buy AKTA, one of the largest cable operators in Romania.
The Romanian cable operator AKTA has an investment budget of €10 million for this year.
The investment fund Pinebridge is preparing to sell its majority stake in Akta, Romania’s third largest cable operator.
Romania’s largest independent cable operator AKTA plans to invest €17 million this year, according to its CEO Dino Malacopol.
The Romanian cable operator Digital Cable Systems (DCS) had revenues of RON172.2 million (€38.1 million) last year, down 3% on 2014.
The Medical Channel has made its debut in Romania, launching on the cable network AKTA.