The bond issue, through which the company borrowed EUR450 million from international markets, was launched earlier this month.
With a total number of over 1.6 million subscriptions for fixed internet in June, RCS&RDS has almost half a million clients more than no. 2 Romtelecom.
RCS&RDS had 46.7% of the internet services market at the end of last year, from 36% in 2009.
This information is published now for the first time since 2010, when the company also planned to launch a bond issue.
The prospectus of the bond issue also reveals that RCS&RDS has, with almost 2.4 million clients, a 61% share of the Romanian TV cable market. This is the result of an aggressive price policy and acquisition of smaller players. On this segment, the gap separating RCS&RDS from the second-largest player is even bigger, as no.2 UPC has almost 900,000 clients on this business segment.
The document seen by ZF also shows the operator has reached a portfolio of 640,000 clients for mobile internet and data services, which the company sees as having growth potential in the future as well.
As opposed to 2010, the company has fewer clients on mobile telephony, it was flat on fixed telephony and lost ground on the satellite television segment. According to the quoted source, on June 30, 2013, RCS&RDS had around 860,000 clients for its satellite television service, as opposed to 1.1 million on December 31, 2010, thus losing the no. 1 position to Romtelecom.
ZF has written several times this year, based on data supplied by companies and by communications regulator ANCOM, that RCS&RDS lost the no.1 position on the satellite TV market, but neither RCS&RDS nor Romtelecom wanted to comment on the subject.
In the first half of this year RCS&RDS had revenues of EUR314.6 million, a net loss of EUR0.9 million and an EBITDA of EUR133.5 million.
(English version by Daniela Stoican)