Romtelecom has taken over from Digital Cable Systems (DCS) the assets and the base of customers who use direct-to-home services of Akta Satelit, the residential division of DCS.
The price of the transaction will be settled depending on the number of clients who will enter into Romtelecom’s portfolio following this takeover.
With this acquisition, Romtelecom may take over a number of 80,000 clients from AKTA.
Romtelecom has notified the competition Council regarding this takeover and the company will take over the clients of AKTA Satelit if the Council gives its approval, according to Romtelecom’s official statement.
Digital Cable Systems was founded in 2005 and comprises two divisions- the AKTA division for residential consumers and Dial Telecom, the division for business customers.
Last year, the turnover of DCS in Romania was estimated at EUR 34 million, 15 percent more than in the previous year.