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Romania’s Digi continues growing

May 31, 2017 11.36 Europe/London By Chris Dziadul

Digi Communications has posted revenues of €226.7 million for the first quarter of this year, or 13.5% more than in the same period in 2016.

Quoting data containing in the company’s financial report, ZF adds that Digi’s operating expenses were €202.6 million (+11.6%) and net profit €15.8 million (+22%).

Digi’s cable business generated revenues of €56 million in Q1, while those for its DTH operations amounted to €17 million.

The internet and telephony brought in €52 million and €69 million respectively.

In its home market Romania, Digi’s Q1 revenues amounted to €164.9 million (+14% year-on-year). Those in Hungary stood at €37.5 million (+14%) and in Spain €20.8 million (+3%).

Digi Communications, which was known as Cable Communications Systems up until April this year, includes RCS&RDS, the leading provider of cable and satellite TV services in Romania, among its assets.

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Filed Under: Central & East Europe, Newsline Tagged With: Digi Communications, Romania Edited: 1 June 2017 13:31

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About Chris Dziadul

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