RCS&RDS reports loss for 2010
Romanian pay TV operator RCS&RDS posted a loss for 2010, according to local media outlet Mediafax, quoting financial reports approved by shareholders in May.
The undisclosed loss comes after the company reported a RON211.83 million (50 million) profit and a turnover of Â389 million in 2009. According to MoodyÂs, RCS & RDS has US$175 million (Â132 million) of debt maturing this year and US$375 million maturing in 2012.
RCS&RDS operates RomaniaÂs leading cable and DTH platforms under the Digi brand.