June 22, 2018 7:22 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

S.C. RCS & RDS S.A. Presents at Individual Investors Forum, May-05-2018 11:40 AM

S.C. RCS & RDS S.A. Presents at Individual Investors Forum, May-05-2018 11:40 AM. Venue: Deschis Atelier, 160 Splaiul Unirii, Bucharest, Romania. Speakers: Dragos Spataru, Head of Fixed Telephony and Mobile Communications Division.

Digi Communications N.V. Announces the Dismissal by the US Court of the Claim Brought by Certain US Citizens against the Company, RCS & RDS S.A., RCS Management S.A., DIGI Távközlési és Szolgáltató Kft and i-TV Digitális Távközlési Zrt

In connection with the claim brought by certain US citizens against the Digi Communications N.V, RCS & RDS S.A., RCS Management S.A., DIGI Távközlési és Szolgáltató Kft, and its subsidiary, i-TV Digitális Távközlési Zrt. (the Defendants) in the United States District Court for the Eastern District of Virginia – Alexandria Division, which the company has previously disclosed in the company's periodic reports, the company informed its investors and the market that, on 8 February 2018, the US Court granted the Defendants’ motion to vacate and dismissed the entire lawsuit for lack of subject matter jurisdiction. The US Court also vacated all prior orders entered in the case. This order may be appealed to the United States Court of Appeals for the Fourth Circuit within 30 days.

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.

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