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Digi grows customer base

November 15, 2018 07.28 Europe/London By Chris Dziadul

Digi Communications gained 200,000 cable TV customers in its main market Romania in the year to September 30.

According to the latest results published by the company, it ended September with 3.2 million cable TV RGUs, or 8.7% more than a year earlier. At the same time, its fixed internet RGU total increased by 10.5% to 2.5 million.

Digi also strengthened its pay-TV position in Hungary, where its revenues, including those of Invitel, increased to €54.6 million in Q3.

It was the country’s second leading provider of fixed internet services, with a market share of over 25%, and had a 23% share in the fixed telephony sector. These factors, it points out, are prerequisites for the launch of mobile telephony services.

Digi, which also has a presence in Spain and Italy, had revenues of €270 million in Q3, or 17.3% more than a year earlier, while its adjusted EBITDA was 10.7% higher at €81.7 million.

At a group level, it had 3.9 million cable TV RGUs (+13%) and 3.2 million (+19%) fixed internet RGUs.

Its pay-TV RGU total stood at 4.8 million, compared to 4.4 million a year earlier.

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Filed Under: Central & East Europe, Newsline Tagged With: Digi Communications, Hungary, Romania Edited: 15 November 2018 07:28

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