August 21, 2017 10:53 AM ET

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Company Overview of S.C. RCS & RDS S.A.

Company Overview

S.C. RCS & RDS S.A. operates as an integrated telecommunications operator in Romania, Hungary, Spain, and Italy. The company offers digital cable and satellite television services under the Digi TV brand name; mobile services under the Digi Mobile brand name, as well as landline services under the Digi Tel brand name; and mobile and fixed fiber Internet services under the Digi Net brand name. It serves personal and business customers. The company is based in Bucharest, Romania.

2000 Forum Building

Phase I, 2nd Floor

Street Doctor Staicovici No 75

Sector 5

Bucharest,  050557

Romania

Phone:

40 31 400 6500

Fax:

40 31 400 4207

Key Executives for S.C. RCS & RDS S.A.

Owner
Age: 46
Mobile Network Development Director
Compensation as of Fiscal Year 2017.

S.C. RCS & RDS S.A. Key Developments

RCS&RDS Reports Earnings Results for the Year 2016

RCS&RDS reported earnings results for the year 2016. For the period, total revenues increased to EUR 842.8 million from EUR 750.1 million in 2015. Group EBITDA rose to EUR 263.3 million from EUR 237.4 million, and the EBITDA margin was 31.2% in 2016, down from 31.6% in 2015.

RCS & RDS Plans For IPO

S.C. RCS & RDS S.A. announced its intention of becoming listed on the Bucharest Stock Exchange under the Digi brand in May 2017 in a bid to sell its shares.

Deutsche Telekom Seeks To Sell Telekom Romania

Deutsche Telekom AG (DB:DTE) is seeking to sell Telekom Romania Communications S.A. The company intends to sell Telekom Romania's activities, which it holds through OTE International Investments Limited, in two separate deals. It was reported that S.C. Orange România S.A. has already expressed interest in Telekom Romania's fixed-network activities, while S.C. RCS & RDS S.A. is interested in the mobile telecommunications division.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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