Romania’s RCS/RDS, one of the leading providers of TV services in the CEE region, has provided unusually frank insights into its financial performance and business strategy.
Romanian RCS/RDS bond sale postponed
Romania’s leading cable and DTH operator RCS/RDS has postponed the sale of bonds on foreign markets totalling $200 million (€146.7 million).
RCS/RDS prepares for bond sale
Romania’s RCS/RDS will try to improve its low level of liquidity through the sake of bonds worth $200 million (€146.1 million) on foreign markets.
Romanian price war continues
Romania’s RCS/RDS has extended an offer giving clients any new service they opt for free of charge for the first three months until the end of March.
More HD for Romania
Romania’s TV market is about to become even more competitive, with RCS/RDS, its leading cable and DTH operator, set to add HD channels to its offer.
RCS/RDS buys into Hungarian cableco
Romanian RCS/RDS-owned Digi Telecommunications has acquired a 30% in the Hungarian cable operator TvNetWork for an undisclosed fee.
RCS/RDS seeks more funding
Romania’s RCS/RDS is holding an extraordinary meeting of shareholders today (December 22) to discuss the launch of a bond issue.
Strong Hungarian role for RCS/RDS
Romania’s RCS/RDS is now the second largest provider of pay-TV services in neighbouring Hungary, claiming almost 600,000 subscribers.
RCS/RDS seeks more subs
The Romanian telco RCS/RDS has embarked on a rare TV advertising campaign in order to attract more subscribers.
Changes loom for Romanian cable
Romania’s cable industry could be about to enter a period of consolidation, with AIG-backed Digital Cable Systems (DCS) playing a key role.