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Digi hits historic highs

May 15, 2020 12.58 Europe/London By Chris Dziadul

Digi’s Romanian operation RCS&RDS ended the first quarter with a record 3.7 million cable and 2.9 million fixed internet RGUs.

Digi Communications Group, which also provides TV and internet services in Hungary, as well as mobile telephony and data services in Spain, had revenues of €313.2 million in Q1, or 11% more than in the same period last year.

Adjusted EBITDA was 26.4% higher at €114.7 million and the RGU total was up 9% to 16.5 million.

In a statement, the company said: “In the last two months, our management team’s top priority was to ensure the health and safety of our employees as well as our customers and ensuring the supply of the necessary protective equipment for the teams. We have also worked hard to prevent any delays in the supply chain, have continued to develop technical facilities and been cautious to preserve liquidity. Confronted with restrictions, in all our territories and with significant changes of customers behavior, our teams focused on maintaining the same quality level of services at all times. Our fixed and mobile networks in Romania successfully supported the traffic increase, up by 30% (fixed) and 11% (mobile), in March compared to February. Corporate sales teams adapted their commercial strategies to a new reality and prioritised client support activities in order to provide the appropriate assistance to B2B clients affected by the crisis.

“We are grateful for the outstanding flexibility and pro-active attitude of all our employees. Thanks to their rapid reaction and discipline, the company continued to fulfil its clients demands and succeeded to support communities, families and individuals affected by the crisis. Dedicated to our mission as a long-term partner for the society and municipalities of Romania, Digi contributed with approximately EUR 1.7 million to donations consisting in medical equipment”.

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Filed Under: Central & East Europe, Editor's Choice, Newsline Tagged With: Digi, Hungary, RCS/RDS, Romania Edited: 18 May 2020 12:27

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About Chris Dziadul

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