Digi Communications
Telecommunications company in Romania, Hungary, Spain and Italy / From Wikipedia, the free encyclopedia
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Digi Communications N.V., also known as DIGI Group, is a leading telecommunications holding company with roots in Romania and businesses also in Spain, Italy and now Portugal and Belgium. The firm has current statutory seat in the Netherlands and headquarters of effective management in Romania. Digi was founded by Zoltán Teszári, who is the majority shareholder, and has been listed on the Bucharest Stock Exchange since May 16, 2017.
Company type | Public limited company |
---|---|
BVB: DIGI | |
Industry | Telecommunications |
Predecessor | TVS Holding Brasov (1992) Kappa (1993) |
Founded | 1994; 30 years ago (1994) 2000; 24 years ago (2000) (Cable Communications NV holding company) |
Headquarters | Bucharest, Romania |
Area served | Romania Spain Italy Belgium Portugal |
Key people | Zoltán Teszári (President) Serghei Bulgac (CEO) |
Products | Cable television Satellite television Broadband internet Fixed-line telephony Mobile telephony Television production Pay television |
Revenue | €1.70 billion (2023)[1] |
Number of employees | 22,149 (2023) |
Website | digi-communications |
In 2019, Digi had a market share of 51% in Romania and the vast majority of its subscribers are connected via fiber, a process which was started in 2006. This has had a major contribution to Romania's status as a country with one of the highest fixed broadband internet speeds in the world.[2][3][4]
In 2023, Digi Group extended the fiber networks in Spain to cover over 8.7 million homes. In Romania, the company maintained a rapid pace in the rollout of 5G and also introduced 5G services in Spain. The revenues and other income increased by 13% to EUR 1.7 billion, while RGUs in Romania and Spain grew by 15%, reaching 23.8 million units, and adjusted EBITDA rose to EUR 592 million.