RCS&RDS makes key acquisition

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RCS&RDS makes key acquisition

April 17, 2014 11.10 Europe/London By Chris Dziadul


Romania’s RCS&RDS has become the sole owner of Cluj Fiber Optic Integrator (CFO Integrator), a company that operates a project named DuctCity in Cluj-Napoca.

Quoting a document published in the Official Gazette, ZF reports that this follows the acquisition of 85% shares in the company held by several parties, with RCS&RDS having previously owned 15%. RCS&RDS is the leading cable and DTH operator in Romania.

Meanwhile, CFO Integrator secured a 20-year licence in 2008 to build and manage an underground fibre-optic network in Cluj-Napoca.
 
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