Digi’s Romanian operation RCS&RDS saw its pay-TV subscriber base grow by 15.6% in the year to March 31.
As of the end of the first quarter it stood at 4,870,000, up from 4,213,000 12 months earlier.
Pay-TV and fixed internet and data were the main drivers for revenue growth in the country, with the total in Q1 of €208.8 million being 8.5% higher than a year earlier.
Meanwhile in Hungary, where Digi Hungary is in the process of selling its operation to 4iG, the company performed less well, seeing its pay-TV subscriber total and revenues fall by 1.7% to 928,000 and 8% to €48.1 million respectively. Digi as a whole had total revenues of €340.2 million in Q1, up from €313.2 million a year earlier. Its profit of €6.3 million contrasted with a loss of €56 million in Q 1 2020.
In its results, the company says it expects the Digi Hungary transaction to be completed by September, subject to due diligence of Digi Hungary and its subsidiaries Invitel and 1 TV, the signing of a sale and purchase agreement, and the necessary competition authority approvals.
