





UPC lost over 93,000 clients in Romania in 2010. Rumors of possible sale emerge
Neither UPC, nor RCS&RDS commented on the "rumors".
By the end of 2010, UPC Romania had 1.15 million users, down 7.45% (93,200 users) as compared with the end of 2009. But it reported a slight growth - 400 - in Q4 2010, as compared to the same period a year before.
Journalist and blogger Catalin Tolontan wrote on his blog on Thursday that talks were being held abroad these days on a possible takeover of UPC operations in Romania by rival RCS-RDS. Both companies are present on several European markets.
Then, Ziarul Financiar newspaper quoted market sources according to whom businessman Zoltan Teszari, who owns 43% of RCS-RDS, is one step away from buying UPC in a deal that may reach 300 million US dollars.