Romania’s RCS&RDS has announced that it will launch its third sports channel on Saturday, August 27.
Romania’s National Audiovisual Council (CNA) has decided to issue a warning to RCS&RDS for not distributing the sports channel GSP TV.
The leading Romanian cable operator RCS&RDS has begun to offer its fibre-optic internet subscribers free mobile internet access.
It has been officially confirmed that RCS&RDS has been seeking to buy UPC Romania.
RCS&RDS has reached an agreement with the Romanian Professional Football League (LPF) for the outstanding media rights to the 2011-14 seasons.
Romania’s leading pay-TV company RCS&RDS has posted an unexpected loss for 2010, having made a net profit of RON211 million (€50.17 million) only a year earlier.
Romtelcom, the fast-rising star in Romania’s pay-TV industry, has become a takeover target for not only Deutsche Telekom-backed OTE but also RCS&RDS. The Romanian communications minister Valerian Vreme has revealed that the operator of Digi TV has put in a bid for the 45.9% of Romtelecom currently owned by the state.
Romania RCS&RDS has secured two financing agreements worth a total of $368 million (€264 million).
BELGRADE BUSINESS BREAKFAST: The Romanian multimedia company RCS&RDS, which has a presence in the DTH and cable markets of several Central and East European markets through its Digi operations, has revealed its plans for a next generation set-top box.
RCS&RDS is reported to be close to acquiring UPC Romania from Liberty Global for a fee of around $300 million (€217.8 million). Quoting market sources, ZF says that the entrepreneur Zoltan Teszari, who holds a 43% stake RCS&RDS, is in the process of selecting the bank to finance any possible deal, having already held talks […]