Romanian DTH deal on horizon

Romania’s DTH market may be about to enter a period of consolidation, with the incumbent telco Romtelecom set to buy Boom TV, a platform operated by the Israeli-owned DTH Television Group, for around €8 million plus VAT. ZF reports that the telco, which is itself backed by OTE and ultimately Deutsche Telekom, is in negotiations with the Transylvania Insolvency House (CIT). The latter is acting as a receiver for the DTH Television Group, which has built up debts of over €100 ...

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