Romanian incumbent Romtelecom has agreed to buy local DTH broadcaster Boom TV for some E7.32m plus VAT, reports TV Broadband News.
The price is dependent on Boom TV proving that it has 95,000 subscribers, and will fall by E80.80/sub if numbers are shown…
Romanian incumbent Romtelecom has agreed to buy local DTH broadcaster Boom TV for some E7.32m plus VAT, reports TV Broadband News.
The price is dependent on Boom TV proving that it has 95,000 subscribers, and will fall by E80.80/sub if numbers are shown to be lower.
In December, the Romanian Ministry of Communications and Information Society told Greek incumbent OTE that it plans to sell its 46% stake in telecoms incumbent Romtelecom.
The Ministry values the stake at E1bn. Greece’s OTE, which is controlled by Deutsche Telekom, holds 54.01% of Romtelecom, while the Ministry of Communications and Information Society holds the remaining 45.99%.
