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Latest Satellite News Discussion, Ownership change for Digi operator at General Satellite News forum; Ownership change for Digi operator By Chris Dziadul The Romanian telco RCS&RDS, which operates TV services under the brand name ...

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Ownership change for Digi operator - 09-June-2012, 19:00

Ownership change for Digi operator
By Chris Dziadul



The Romanian telco RCS&RDS, which operates TV services under the brand name Digi in six CEE markets, has undergone a change in its ownership structure.

However, it still remains under the control of the local entrepreneur Zoltan Teszari.


Quoting a statement provided by RCS&RDS to the countrys National Audiovisual Council (CNA), ZF reports that Teszari has reduced his direct stake in the telco from 2.02% to 1.76%, while the names of two other shareholders Ghiman Ovid and Valentin Popoviciu no longer appear on the list.


The main shareholder in RCS&RDS is the Dutch-registered company Cable Communications Systems NV (88.54%), with RCS&RDS SA the second largest (7.83%).
Aside from Teszari, there are also 14 unnamed individuals and two unnamed companies that hold direct stakes in RCS&RDS.
Teszari indirectly controls Cable Communications Systems NV through a company named RCS Management SA.


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