rcs&rds

Ericsson and RCS&RDS (DIGI) have launched Romania’s first 5G commercial service in the busiest parts of Bucharest, where 5G can really make a difference by providing increased speeds for mobile broadband to businesses and consumers.…

Telekom Romania Mobile Communications has been fined by the National Authority for Administration and Regulation in Communications (ANCOM) with RON 500 million, a release issued by the institution reads. “During January-July 2018, ANCOM…

In March 2018, Yolt Services, the former Czech subsidiary of RCS&RDS, filed against the Romanian company a claim for indemnification in front of the Vienna International Arbitral Centre (VIAC), the the parent company Digi Communications…

RCS & RDS cable and internet provider has signed a EUR 200 million short-term loan concluded between the Digi Group and a syndicate of banks. ”The Company informs the market and its investors that, on 13 October 2017, RCS & RDS…

Telecom service provider Digi, the majority owner of Romanian company RCS&RDS, warns its shareholders and investors on the Stock Exchange about the risks to which the Group and its subsidiaries are exposed. ”We face significant…

Digi Mobil, part of RCS & RDS, is preparing the launch of Voice over LTE (VoLTE) and Voice over Wi-Fi (VoWIFI) technologies as of this summer-end, depending on the completion of all the works and market consultation, Valentin…

Last year, RCS&RDS registered losses of over RON 59.2 million, up by 158% against 2015, according to the figures posted on the website of the Ministry of Public Finance (MFP). The net turnover exceeded RON 3.2 billion, up by 22.1% as…

Digi CEO Sergei Bulgac has been formally notified by the National Anticorruption Directorate (DNA) of being prosecuted as suspect in connection with bribe giving and money laundering offenses, a company communiqué sent to the Bucharest…

The first 300 companies in Romania had a turnover of RON 440 billion (EUR 100 billion) last year, up by 4% as compared to 2014. The result represents a third of the total turnover of local firms (RON 1,222 billion in 2015), whereas the…

Romanian operator RCS&RDS won a new contract to supply electricity for public institutions since it became a player in the electricity. After the recent deal with National Television Broadcasting Company (SRTV), RCS&RDS signed a…