Digi reached revenues of 1.5 billion Euro, up by 12.7 percent in 2021

Digi Communications recorded revenues of EUR 1.5 billion at the end of 2021. The Group’s revenues increased by 12.7 percent compared to the previous period. Adjusted EBITDA of EUR 525 million (including IFRS 16) marked an increase of 9.4 percent year-on-year (EUR 480 million as at 31 December 2020). Adjusted EBITDA (excluding IFRS 16) grew by 8.4 percent to EUR 439.1 million. Revenues from continued operations amounted to EUR 1.3 billion and Adjusted EBITDA (excluding IFRS 16) was EUR 410 million.

DIGI has maintained its market leadership profile in Romania and continued its growth in Spain. The Group’s total number of revenue generating units (RGUs, including Hungary) exceeded 20 million, an increase of 13 percent year-on-year.

DIGI Group’s pay-TV services (cable and satellite TV in Romania) increased by 8.4 percent, from RGU 4.7 million to RGU 5,1 million. The extension of the fixed network and investments in the infrastructure network brought a significant increase in fixed internet services, from 3.5 million RGU to 4.3 million RGU (in Romania and Spain), +21.2 percent compared to the previous period. Mobile services (in Romania, Spain and Italy) increased from 6.3 million RGU to 7.5 million RGU, an increase of 19.3 percent.

“The year 2021 brought a number of important changes in the DIGI Group structure and dynamics including the sale of our Hungarian operations, award of additional spectrum in Romania as well as entry into the Portuguese telecom market. These important steps will shape our long-term business and growth. We are pleased that we have achieved significant financial and operational performance. We will continue our efforts that have brought us consistent results and invest in infrastructure and technology to grow our business and maintain a high level of service quality for our customers. We are grateful to our colleagues in all territories for their professionalism and competence. Due to their joint efforts, our customers have constant access to high performance and affordable services,” said Serghei Bulgac, CEO of Digi Communications N.V.