DCS assimilates three small cablecos

8 Sep 2014

Romanian triple-play operator Digital Cable Systems (DCS), which offers consumer cable-based services under the AKTA brand, has acquired three smaller cable TV networks with a combined subscriber base of 10,000 in the last couple of months, reports local business newspaper Ziarul Financiar (ZF). AKTA bought the Carasana network in Caras-Severin with around 5,000 subscribers, plus Dobrotel in Mangalia with approximately 3,000 subscribers, as well as DC Fiber based in Siret, Suceava County, with about 1,300 subscribers, according to information obtained by ZF. Dinu Malacopol, general manager of AKTA, said that other purchases are currently under development, alongside plans for organic expansion. DCS – including its business telecoms division Dial Telecom – had revenues of EUR42 million (USD54 million) in full-year 2013, and an operating profit of above EUR10 million, compared to revenues in 2012 of around EUR37.5 million (including EUR26.4 million at AKTA and EUR11.1 million at Dial Telecom). TeleGeography’s GlobalComms Database says that DCS is majority-owned (roughly 65%) by New York-based private equity fund PineBridge Investment (previously AIG Capital).

Romania, Digital Cable Systems (AKTA / Dial)