Dutch-registered Digi Communications has granted a €10 million loan to its daughter company RCS&RDS, the leading cable and internet services operator in Romania.
Almost one in five (17%) of Digi’s customers in Romania opted for quintuple-play services as of the end of June.
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 Communications, the operator of Romania’s leading pay-TV operator RCS&RDS, has posted revenues of €329 million for the first half of this year.
Romania’s Digi Communications has published an update into an investigation into the company by the National Anti-Corruption Directorate (DNA).
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).