Orange Romania in talks to acquire local cable operator Akta - report

Wednesday 4 April 2018 | 09:07 CET | News
Orange Romania is in talks to acquire local independent cable operator Akta in a transaction that could reach EUR 150-200 million, writes local paper Ziarul Financiar citing several sources from the communications industry. Orange representatives did not comment on the information. Dinu Malacopol, CEO and minority shareholder at Akta, did not wish to comment on the information but said "there is market interest from several operators" for the acquisition. He declined to say what operators are mulling over the acquisition.

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Categories: Fixed
Companies: Orange Romania
Countries: Romania
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