Digi Communications

Digi Communications NV
Company typePublic limited company
BVB: DIGI
IndustryTelecommunications
PredecessorTVS Holding Brasov (1992)
Kappa (1993)
Founded1994; 30 years ago (1994)
2000; 24 years ago (2000) (Cable Communications NV holding company)
HeadquartersBucharest, Romania
Area served
Romania
Spain
Italy
Belgium
Portugal
Key people
Zoltán Teszári (President)
Serghei Bulgac (CEO)
ProductsCable television
Satellite television
Broadband internet
Fixed-line telephony
Mobile telephony
Television production
Pay television
RevenueIncrease 1.70 billion (2023)[1]
Number of employees
22,149 (2023)
Websitedigi-communications.ro

Digi Communications N.V., also known as DIGI Group, is a Romanian telecommunications holding company, which also has businesses in Spain, Italy, 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.

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.

  1. ^ "Digi, venituri totale de 1,47 miliarde euro în 2021, în creştere cu 12,7%, şi profit operaţional înainte de impozitare de 73 milioane euro, faţă de 24 milioane euro în 2020". February 2022.
  2. ^ "Akamai's state of the internet report Q3 2014" (PDF). akamai.com. 2014.
  3. ^ "Global Speeds March 2020". speedtest.net. March 2020.
  4. ^ "The Countries with the Fastest Internet". statis.com. 10 May 2019.