Orange is to acquire Moldova’s leading cable TV operator Sun Communications as it looks to sell converged services to its customers.

Sun Communications offers TV services to 100,000 customers in Chisinau, Balti and Cahul under its SunTV brand.

A further 38,000 customers are signed up to use the company’s internet and VoIP services.

The company, which was founded in 1993, also offers fixed telephony.

Financial details of the deal were not disclosed.

It will enable Orange to add Sun Communications’ services to its existing mobile offering.

Orange Moldova is the largest mobile operator in the country with over two million customers.

It saw revenues decline 6.5 percent in the first three months of the year.

The France-based operator blamed this on decreased incoming international traffic and slowing mobile equipment sales.

[Read more: M&A in telecoms stabilises, execs turn attention to deals in new sectors]

Meanwhile, the company’s start-up accelerator is to invest in a Wi-Fi connectivity marketplace for operators.

Using real-time calculation algorithms, BandwidthX is a virtual platform that automatically matches up supply and demand and allows Wi-Fi suppliers to share their excess network capacity.

The exact amount that Orange Digital Ventures is investing has not been disclosed.

Orange Deputy CEO Pierre Louette said: “The disruptive model introduced by the BandwidthX marketplace will create new opportunities for operators, opening for them the business of “infrastructure as service” and network aggregation, including in countries in which they do not operate directly, while better controlling deployment costs.”

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