Digi Communications has posted record figures for fixed internet and cable RGUs in the markets in the two CEE markets it operates in.
As of June 30 they stood at 3.9 million and 4.5 million respectively. Digi notes that Romania contributed significantly to the group’s consolidated revenues (61%), RGUs (70%) and consolidated EBITDA (75%) in the second quarter. Fixed internet and pay-TV RGUs were 13% and 8% higher than in the corresponding period last year.
Meanwhile, in Hungary Digi notes that despite finding itself “under the restrictive measures adopted by the authorities”, its operations performed at a similar level in the first six months of the year to normal times.
Digi as a whole had revenues of €310 million in Q2, up 5% on a year earlier, with total RGUs increasing from 15.5 million to 16.9 million in the year to June 30. Adjusted EBITDA rose by 6% to €115 million.
In his comments on the results, speaking about Romania, Digi’s CEO Serghei Bulgac said: “The Competition Council approved, in July, the transfer of assets between the local branch and three independent operators (AKTA, DCS and ATTP Telecommunications). This is a step further in our company’s project to increase digitisation and reduce connectivity differences between different regions of our core market. As a result of the transaction, we will provide quality services at affordable prices to hundreds of thousands of customers, showing our determination to encourage their aspirations for a higher standard of living”.
