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.
Romania’s Digi Communications ended the third quarter with around 2.97 million cable RGUs, or 5.4% more than a year earlier.
Digi Communications, the operator of Romania’s leading pay-TV operator RCS&RDS, has posted revenues of €329 million for the first half of this year.
Romania’s Digi Communications has published an update into an investigation into the company by the National Anti-Corruption Directorate (DNA).
Digi Communications has posted revenues of €226.7 million for the first quarter of this year, or 13.5% more than in the same period in 2016.