Romanian cable company RCS&RDS takes over operator iLink's network and customer base
RCS&RDS has notified customers of Cobalt IT SRL (iLink) that it will takeover all contracts, acquire all rights and assume contractual obligations.
RCS&RDS has taken over the customer bases of several local companies in the last year, including BitZone (Găeşti, Dâmboviţa), Telemach (Piatra Neamt), Euro Cable (Timisoara) and Kabex Prodcom (Cluj).
IT Cobalt had a turnover last year of EUR 3.2 million, a net loss of EUR 3.1 million and EUR 25 million in debts, according to Romanian media.
RCS & RDS, controlled by Romanian businessman Zoltan Teszari, was created 15 years ago and operates on the Romanian market, as well as in Hungary, the Czech Republic, Slovakia, Croatia and Serbia. It offers cable TV , internet, fixed and mobile telephony services in 200 cities in Romania.
IoanaToader, ioana.toader@romania-insider.com
(photo source: iLink)