Romtelecom, number three on the local TV services market, hasterminated the contract whereby it rebroadcast a sports channelfrom Boom satellite TV service, thus putting additional pressure onthe owner, DTH Television Grup, which went insolvent on the 7th ofMay in an attempt to ensure protection from the creditors that havedozens of millions of euros to recover.
The contract signed a year ago got Boom TV approximately 100,000euros in revenues per year and had been used as collateral for aloan. Market data reveal several thousand clients of Romtelecom'ssatellite TV service paid 2.2 euros per month to get three sportschannels, one of which was Boom Sport One - that broadcast UEFAChampions League football matches.
Romtelecom officials did not reveal the reason for the terminationof the contract, saying only that, as of the 21st of May, Dolce'sclients would no longer receive Boom Sport One, and will becompensated with several months of free subscription.
Eurosport, Romenergo, Grecos Energy and Eurocom, along withUnicredit Tiriac Bank, which granted the company two loans worth18.5 million euros filed for Boom's insolvency.
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