Tougher times for Romanian market
By Chris Dziadul
November 30, 2009 09.46 UK
Romania’s telecoms market is likely find the going tough in 2010, with revenues growing by no more than 0-5%, according to Dinu Malacopol, the director general director of Digital Cable Systems (DCS).
Quoted in ZF, he added that consumption in the sector, which has been hit by the economic crisis, price reductions and saturation in cable and telephony services, should grow by more than 10% next year.
Although revenues in 2008 rose by 7% to €4.5 billion, they are set to fall by 10% this year.
Malacopol also projected that the take-up of triple play services will double each year over the next two years.
DCS is the third largest cable operator in Romania after RCS/RDS and UPC and projects 10% revenue growth in its TV services in 2010, while those for internet should grow by around 30%.