DCS eyes acquisitions
By Chris Dziadul
Published: June 29, 2010 08.04 Europe/London
Romania’s Digital Cable Systems (DCS), which operates cable and DTH services under the Akta brand name, has confirmed that it is has plans to buy a number of smaller companies.
This will be made easier by the current economic situation in the country, according to Dinu Malacopol, the company’s CEO, quoted in ZF. He added that “we are flexible and following with interest developments in the market, so we can react promptly when opportunities arise.”
Malacopol also said that DCS has a capital expenditure budget of €7 million for this year and has already spent between €2-3 million.
DCS currently has around 260,000 subscribers. It is Romania’s third largest cable company after RCS/RDS and UPC (though may soon be overtaken by Romtelecom) and also operates one of the five DTH platforms in the country.
__________________
By Chris Dziadul
Published: June 29, 2010 08.04 Europe/London
Romania’s Digital Cable Systems (DCS), which operates cable and DTH services under the Akta brand name, has confirmed that it is has plans to buy a number of smaller companies.
This will be made easier by the current economic situation in the country, according to Dinu Malacopol, the company’s CEO, quoted in ZF. He added that “we are flexible and following with interest developments in the market, so we can react promptly when opportunities arise.”
Malacopol also said that DCS has a capital expenditure budget of €7 million for this year and has already spent between €2-3 million.
DCS currently has around 260,000 subscribers. It is Romania’s third largest cable company after RCS/RDS and UPC (though may soon be overtaken by Romtelecom) and also operates one of the five DTH platforms in the country.
__________________