Digi Communications has invested almost €2.5 billion on the most advanced electronic communications in the last 11 years, according to Serghei Bulgac, the company’s CEO.
Serghei Bulgac, the CEO and executive director of Digi Communications, has sold a total of x shares in the company since the beginning of this month.
Digi Communications had consolidated revenues of €1.03 billion in 2017, or 13.2% more than a year earlier.
Digi Communications gained 200,000 cable TV customers in its main market Romania in the year to September 30.
Europe’s third largest cable operator Digi Communications aims to achieve a turnover of €1 billion this year.
Digi Communications has announced the end of a series of disputes with Antena Group, one of Romania’s leading commercial broadcasters.
Digi Communications has completed the acquisition of the leading Hungarian alternative telco Invitel almost a year after the deal was first announced.
Romania’s Digi Communications has posted a net profit of RON68 million (€14.8 million) for the first quarter, or 6.5% less than in the corresponding period last year.
Digi Communications had revenues of €916.5 million in 2017, or 8.75% more than a year earlier.
Dutch-registered Digi Communications has granted a €10 million loan to its daughter company RCS&RDS, the leading cable and internet services operator in Romania.