NETCITY
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Netcity Telecom Ends 2025 with RON13.4M Net Profit, Down 39% YOY
Netcity Telecom, the company that operates Bucharest’s underground optical fiber network, ended 2025 with net profit of RON13.4 million (EUR2.7 million), 38.5% lower than in 2024, even as turnover climbed by 5.2% to RON73.2 million (EUR14.5 million).
Meridiam Completes EUR80M Refinancing Of Netcity, The Operator Of Bucharest’s Underground Telecommunications Infrastructure
Meridiam and its partners have completed the EUR80 million refinancing of Netcity Telecom, the official operator of Bucharest’s underground telecommunications network, managing a 49-year con...
Direct One Gets EUR10M Loan from BCR, BRD To Extend Bucharest Fiber Optic Network
Communications network operator Direct One, owned by Romanian entrepreneurs Teofil Muresan and Simion Muresan, has extended a EUR36 million club loan credit facility by another EUR10 million...
Antitrust Authority Looks into Netcity Telecom Takeover
Romania's Competition Council is looking into the takeover of Netcity Telecom SA, the operator of the underground fiber optic network of Bucharest, by Direct One group via its firm Direct On...
Direct One Buys Bucharest Fiber Optic Network From UTI
Direct One, the operator of a more than 5,500-kilometer fiber optic network in Romania, has signed an agreement with the UTI group to buy Netcity, the company that developed the underground...
UTI Group Put Up For Sale Netcity Telecom – Sources
UTI group, majority owned by businessman Tiberiu Urdareanu, put up for sale Netcity Telecom, the company building Bucharest-based optical fiber network, sources on the financial and telecomm...
Bucharest City Hall Rejects, Contests Telecom Regulator Decision On Operators’ Access To Netcity
The Bucharest City Hall and Netcity Telecom have contested in court the decision issued by the telecom regulator setting the conditions for telecom operators’ access to the city’s fiber opti...