News » March, 2011 » 29 March 2011
Romtelecom becomes no. 2 on TV market
29.03.2011, 23:53 | IT & C | 1191 views
Romtelecom has become no. 2 on the Romanian TV services market, leaving behind the Americans at UPC, after it bought the nearly 80,000 satellite TV clients of Digital Cable Systems (AKTA). The 80,000 clients of AKTA, an operator controlled by American fund AIG, bring Romtelecom to around 1.22 million clients on the TV market, compared with UPC's around 1.15 million. The Americans at UPC now also lost the no. 2 position on the TV market, after in the summer of 2008 they had lost to RCS the no. 1 position on cable TV. The company did not specify the value of the deal, but considering a price of 80 euros per subscriber accepted by Romtelecom at the beginning of this month when it took over another operator - Boom TV, AIG would collect 6.4 million euros. Read more on ZF.ro
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