Romania’s RCS&RDS (Digi) ended 2016 with a net debt of €758 million, or 15% more than a year earlier.
Digi set for IPO
Romania’s Digi has announced plans to launch an IPO on the Bucharest Stock Exchange in May.
Digi advances, Telekom under pressure
Romania’s leading pay-TV operator RCS&RDS attracted more mobile customers from other companies than other providers in the first three months of this year.
Digi sets investment target
RCS&RDS (Digi) plans to invest the same amount (€210 million) this year as in 2016, according to Serghei Bulgac, the company’s CEO and chairman of the board of directors.
Hungarian broadband: the stats
Magyar Telekom remains the leading provider of fixed broadband services in Hungary, while the country’s main alternative telco Invitel is not raising its market share.
Romania’s Digi set for listing
RCS&RDS (Digi) is preparing for a listing on the Bucharest Stock Exchange, with investors set to sell 20-30% of shares in the company.
Digi outlines Romanian market position
RCS&RDS (Digi) has no competition in almost half the area covered by its fixed network in Romania.
Share sale at Romania’s Digi
RCS Management, the company through which Zoltan Teszari controls Romania’s leading pay-TV operator RCS&RDS, plans to acquire up to 21,000 of its owns shares for over €23 million.
Mobile milestone for RCS&RDS
Romania’s leading cable and DTH operator RCS&RDS (Digi) now has over 3 million subscribers for its Digi Mobile service.
New subscribers drive Digi growth
Romania’s RCS&RDS (Digi) had revenues of €156.3 million in the third quarter, or 13.6% more than in the same perido last year.