Competition Council analyzes Boom TV takeover by Romtelecom

A notification about the transaction by which Romanian telecom operator Romtelecom takes over the subscriber base and other assets of DTH Television Grup, the owner of digital television Boom TV, has reached the Competition Council. The institution is currently analyzing the transaction, Council officials told HotNews.ro.

Adrian Lotrean, a partner at the Transylvania Insolvency House which is the judicial administrator of DTH, told HotNews.ro on Monday that Romtelecom had signed last week the contract to acquire the commercial fund of the insolvency-hit operator, for which it offered eight million euro.