â¨Central and eastern European pay TV operator RCS&RDS has lodged a bid for the 45.9% chunk of Romtelcom owned by Romanian authorities.
The size of the bid from the Romania-based pay TV operator was not disclosed, but Romanian communications minister Valerian Vreme confirmed it had made a move for the stake in Romtelecom, which operates the Dolce TV pay TV service.â¨
OTE, meanwhile, is understood to also want full control of Romtelecom and has scheduled talks with Romanian authorities. The Deutsche Telekom-backed Greek telco already owns 54% of the Romanian company.
The Romanian telco had just over one million DTH, IPTV and cable TV customers at the end of March, up 15% year-on-year. Romtelecom recently signed a deal to acquire insolvent DTH pay TV operator Boom, with about 95,000 subscribers.
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