Romania’s leading pay-TV operator RCS&RDS (Digi) has been taken to court in a €3.5 million case involving alleged bribery and money laundering.
Digi has agreed to buy the retail and small business customers of the rival Hungarian telco Invitel for around HUF43 billion (€140.8 million).
RCS&RDS (Digi) and Intact Media Group, two of Romania’s leading providers of TV services, are preparing to sue each other.
Romania’s National Anticorruption Directorate (DNA) has accused RCS&RDS (Digi) of money laundering and bribery.
RCS&RDS’s parent company Digi Communications has raised €210 million in an IPON on the Bucharest Stock Exchange.
Romania’s National Anticorruption Directorate (DNA) is investigating a number of officials from RCS&RDS (Digi).
Romania’s RCS&RDS (Digi) has launched a private equity offer that values the company at between €782 million and €1.2 billion.
Romania’s RCS&RDS (Digi) is set to be fined due to a dispute with the incumbent Telekom Romania.
Romania’s RCS&RDS (Digi) ended 2016 with a net debt of €758 million, or 15% more than a year earlier.
Romania’s Digi has announced plans to launch an IPO on the Bucharest Stock Exchange in May.