All posts by EPR Financial News

Business, Financial, Financial Information, Financial Statements, Revenues

Digi Communications Sees Growth in All Markets but Faces Margin Compression in Q3 2025 results

BUCHAREST, Romania, 14-Nov-2025 — /EuropaWire/ — Digi Communications N.V. reported Q3 2025 results that continue to show strong commercial momentum but tightening financial conditions, as double-digit revenue growth was offset by a steep fall in profitability, according to its press announcement made on EuropaWire today. Group revenues rose 14.3% year on year to €560.9 million, supported by sustained subscriber expansion in Spain, Romania, Portugal and Italy, taking total RGUs to more than 30 million. However, net profit dropped to €16.7 million from €341.2 million in the prior-year quarter, reflecting the absence of last year’s exceptional other income as well as higher operating costs, increased depreciation from ongoing network investment, and rising finance expenses tied to a larger debt load.

Adjusted EBITDA grew 6% to €188.2 million but margins narrowed slightly, and operating cash flow weakened compared with last year. The company’s capital intensity remained elevated, with substantial expenditure on infrastructure, spectrum and subscriber acquisition pushing investment cash outflows higher. Debt levels continued to rise, and Digi issued €600 million in new senior secured notes to refinance upcoming maturities and strengthen liquidity.

For investors, the quarter highlights a familiar trade-off: Digi is expanding aggressively and capturing market share across Europe, yet short-term profitability, margins and cash flow are under pressure, and leverage is trending upward. The group’s ability to stabilise ARPU in high-growth markets, manage financing costs and convert scale into stronger earnings will remain key areas of attention.

SOURCE: EuropaWire

Banks, Bonds, Business, Financial, Financial Information, Financial Statements, Investment, Security, Trading

Digi Communications N.V. announces the admission to trading on the regulated market operated by Euronext Dublin of the offering of senior secured notes by Digi Romania

BUCHAREST, Romania, 10-Nov-2025 — /EuropaWire/ — Digi Communications N.V. (“DIGI”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, would like to inform the market that on 7 November 2025, the Central Bank of Ireland has approved the prospectus for the admission to trading of the EUR 600 million 4.625% senior secured notes due 2031 (ISIN XS3216614084) issued by Digi Romania on 29 October (the “Notes”) and Euronext Dublin has approved the admission to trading of the Notes on the regulated market operated by it. The Notes are thus listed on the Official List of Euronext Dublin and traded on its regulated market.

The prospectus relating to the Notes will be made available on the website of the Company at https://www.digi-communications.ro/en/investor-relations/bonds/notes-2031.

For further information in relation to the Offering and the Notes, please refer to the reports dated:

This announcement is not an offer of securities for sale in the United States. The Notes may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act. Any securities mentioned herein have not been and will not be registered under the U.S. Securities Act, and no public offering will be made in the United States.

About Digi Communications N.V.

We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

Business, Financial, Financial Information, Financial Statements

Digi Communications NV announces Investors Call for the presentation of the Q3 2025 Financial Results

BUCHAREST, Romania, 7-Nov-2025 — /EuropaWire/ — Digi Communications N.V. (“DIGI”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, would like to announce that on 14 November 2025 at 14:00 UK time/ 16:00 EET (Romania local time), will host a conference call to discuss its Q3 2025 financial results. The Company will publish the unaudited Q3 2025 financial results on the same day, 14 November 2025 at 08:00 am EET (Romania local time).

The call will be held in English language, and it will be hosted by the Company’s CEO, Mr. Serghei Bulgac, and the Company’s CFO, Mr. Dan Ionita.

To participate in the call the stakeholders are invited to pre-register at:

https://www.digi-communications.ro/en/investor-relations/shares/financial-calendar

The deadline for pre-registration is 14 November 2025, 12:00 UK time/ 14:00 EET (Romania local time).

About Digi Communications N.V.

We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

Contacts:

Digi Communications NV
Phone no: +4031 400 6505
investor.relations@digi-communications.ro

SOURCE: EuropaWire

Financial, Funding, Investment, M&A, Venture Capital

Rise Point Capital invests in Run2Day; Robbert Cornelissen appointed CEO and shareholder

AMSTERDAM, 3-Nov-2025 — /EuropaWire/ — Rise Point Capital has acquired Run2Day, a running specialty retailer in the Netherlands. Robbert Cornelissen will assume the role of CEO and co-shareholder, leading the company into its next phase of growth.

Run2Day operates 16 stores throughout the Netherlands, combining company-owned locations with a franchise network. The company has been active for nearly thirty years and serves a broad running community with a focus on running products and services.

Robbert Cornelissen has over twenty years of experience in scaling companies and guiding organizations through transitions. “My mission is to build a healthier future by engaging behavior, systems, and leadership. I believe in the power of collaboration — with employees, franchise partners, customers, and brands. Only together can we truly make an impact and strengthen our position in the sports market.”

Rise Point Capital co-invests in small and mid-sized enterprises with established market positions and clear growth potential. “Run2Day has grown into a recognised player in the Dutch running market over recent years,” says Sergio van Luijk, Partner at Rise Point Capital. “We look forward to supporting Robbert and the team in the next phase. This aligns with our strategy of partnering with experienced co-investors to further develop companies that hold a strong position in their niche.”

Former owner Ewout Braggaar reflects proudly on his time at Run2Day. “I am grateful for the incredible journey I have shared with the team, our entrepreneurs, and our partners. Thanks to a true ‘By Runners For Runners’ mentality, we stand stronger than ever today.”

Looking ahead, Run2Day will continue strengthening its position in the running market. Under Cornelissen’s leadership, the focus will be on the store network, customer experience, digitalization, and community engagement. Run2Day will further invest in tools and services that help runners train, recover, and enjoy their sport.

About Run2Day
Run2Day (www.run2day.nl), based in Leusden and operating 16 stores across the Netherlands, is a specialized running retailer. The company sets itself apart through personalized service, expert advice, and close ties to the running community. Run2Day partners with major events, such as the Amsterdam Marathon and the Dam tot Damloop.

About Rise Point Capital
Rise Point Capital (www.risepointcapital.com), based in Amsterdam, co-invests in deal-by-deal buy-outs of resilient mid-market companies. In partnership with independent sponsors and experienced operators, the firm focuses on off-market transactions in specialist markets. Rise Point Capital is active in the Benelux, DACH region, the United Kingdom and the Nordics.

SOURCE: EuropaWire

Bonds, Business, Financial, Financial Information, Financial Statements, Investment, Loans, Trading

Digi Communications N.V. announces the successful closing of the offering of senior secured notes due 2031 by Digi Romania

BUCHAREST, Romania, 29-Oct-2025 — /EuropaWire/ — Digi Communications N.V. (“DIGI”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, would like to inform the market of the following events:

A. Closing of the Offering

The Company informs the market that on 29 October 2025, DIGI Romania S.A., a Romanian subsidiary of the Company (“Digi Romania”) has successfully closed the offering (the “Offering”) of its EUR 600 million 4.625% senior secured notes due 2031 (the “Notes”).

The Notes are expected to be admitted to the official list of Euronext Dublin and trading on its regulated market. The final offering memorandum relating to the Notes will be made available on the website of the Company on or about today. A prospectus relating to the Notes will be made available on the website of the Company following its approval by the Central Bank of Ireland.

For further information in relation to the Offering and the Notes, please refer to the current reports dated 20 October 2025 and 23 October 2025, available at https://www.bvb.ro/FinancialInstruments/SelectedData/NewsItem/DIGI-Offering-by-Digi-Romania-of-Notes-and-redemtion-of-2028-Notes/636A0 and https://www.bvb.ro/FinancialInstruments/SelectedData/NewsItem/DIGI-The-upsize-and-successful-pricing-of-the-offering-of-2031-Notes/2265D.

B. Satisfaction of the Financing Condition and Redemption of the 2028 Notes

With reference to the conditional redemption notice in relation to the EUR 400 million 3.25% senior secured notes due 2028 issued by Digi Romania (the “2028 Notes”) dated 20 October 2025 (the “Redemption Notice”), the Company would like to inform the market and its investors that the Financing Condition (as defined in such Redemption Notice) has been satisfied, the indenture governing the 2028 Notes has been satisfied and discharged and the 2028 Notes will be redeemed in full on 30 October 2025.

This announcement is not an offer of securities for sale in the United States. The Notes may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act. Any securities mentioned herein have not been and will not be registered under the U.S. Securities Act, and no public offering will be made in the United States.

About Digi Communications N.V.

We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Management, Financial Statements, Funds, Investment, Money, Stocks, Trading

Digi Approves 2024 Financials, Appoints Auditor, and Greenlights Class B Share Repurchase

BUCHAREST, Romania, 18-Jun-2025 — /EuropaWire/ — Digi Communications N.V., a leading European telecom provider listed on the Bucharest Stock Exchange, held its general shareholders’ meeting (GSM) on 18 June 2025 at Freshfields LLP’s Amsterdam office, according to a press release published on EuropaWire. The meeting was attended by shareholders representing 82.37% of the total voting rights, equivalent to 78,578,223 shares.

During the meeting, shareholders approved the 2024 Annual Accounts and endorsed the proposed gross dividend of 1.35 RON per share (applicable to both Class A and B shares). The ex-dividend date for listed Class B shares is set for 26 June 2025, with the record date on 27 June and payment expected around 15 July 2025.

The GSM also granted discharge to the Board of Directors, approved the 2024 Remuneration Report (advisory vote), and appointed KPMG N.V. as the statutory auditor for 2025.

Additionally, the Board of Directors received authorization to repurchase up to 3 million Class B shares over an 18-month period from 19 June 2025 to 20 December 2026. Share buybacks may be executed via the stock exchange or other methods, subject to pricing limits and in line with EU regulations. Any such program may be suspended or adjusted at the Board’s discretion.

Further details, including voting results and related documents, are available on the company’s website under the 2025 GSM section. The approved 2024 Annual Report is also accessible in the Investor Relations section.

SOURCE: EuropaWire

Business, Financial, Financial Information, Financial Services, Financial Solutions, Investment, Profits, Trading

Cloud Mining Simplified: DNMiner Offers Investors a Secure and Profitable Platform

Bracknell, England, 26-May-2025 — /EPR FINANCIAL NEWS/ — DNMiner is a trusted cloud mining platform, providing users with a simple and effective way to earn cryptocurrencies. By bypassing the need for costly equipment, users can easily participate in cloud mining with just an internet connection.

The platform offers stable mining, transparent performance tracking, and 24/7 technical support. Users can quickly register, choose a mining package, and start earning. DNMiner’s affiliate program also gives users a chance to earn additional income by referring new users.

Regulated by the Financial Conduct Authority (FCA), DNMiner ensures a secure and reliable experience. As cloud mining continues to grow, DNMiner remains an excellent investment option.

Media contact:

Amelia
DNMiner
info@dnminer.com
https://dnminer.org

SOURCE: EPR Network

Assets, Business, Financial, Financial Information, Financial Statements, Funding, Investment, Money, Profits, Revenues, Stocks, Trading

Digi Communications Reports 19% Growth in Q1 2025 Revenues and Continued Expansion Across European Markets

BUCHAREST, Romania, 15-May-2025 — /EuropaWire/ — Digi Communications N.V., a leading European telecommunications company listed on the Bucharest Stock Exchange, has released its Q1 2025 financial report. A press release regarding this announcement has been issued on EuropaWire. The company reported consolidated revenues of EUR 532 million, marking a 19% year-on-year (YoY) increase, with adjusted EBITDA (excluding IFRS 16) of EUR 140.4 million, reflecting a slight 0.4% YoY growth. The company experienced a significant rise in revenue-generating units (RGUs), reaching nearly 29 million across mobile, broadband, Pay TV, and fixed telephony services, representing a 17% YoY growth.

CEO Serghei Bulgac highlighted the company’s ongoing expansion, particularly in Romania, Spain, Portugal, and Belgium, and the strong organic growth in RGUs, with over 1 million new users across the Group. Notable achievements include surpassing 6 million mobile users and 2 million broadband subscribers in Spain. Digi also reported progress in its newer markets, especially in Portugal, where operations began in November 2024, reaching 755k RGUs by the end of Q1 2025.

The company’s mobile segment continues to be a key revenue driver, making up 47% of total RGUs across all markets. Romania showed strong results, with mobile services increasing by 12.7%, while broadband and Pay-TV grew by 6.8% and 3.4%, respectively. Spanish operations saw impressive gains, with mobile users increasing by 25%, broadband users by 39%, and fixed services by 29%. In Italy, mobile services grew by 15%, while Portugal’s operations focused on a full range of telecommunication services, including mobile, broadband, and Pay-TV.

Digi is also proposing a gross dividend of RON 1.35 per share for the 2024 financial year, maintaining its commitment to increasing dividends annually since its IPO. The company’s strong performance across multiple markets reinforces its confidence in its long-term strategy and commitment to delivering shareholder value.

SOURCE: EuropaWire

Business, Financial, Financial Information, Financial Management, Financial Statements, Funding, Funds, Investment, Money, Profits, Revenues, Trading

Digi Communications N.V. Reveals Agenda for 2025 General Shareholders Meeting and 2024 Annual Report

BUCHAREST, Romania, 1-May-2025 — /EuropaWire/ — Digi Communications N.V. has announced the availability of its 2024 Annual Financial Report, which can now be accessed on the company’s official website under the Investor Relations section. A press release regarding this announcement has been issued on EuropaWire. In addition to this, the company has convened its General Shareholders Meeting (GSM), which will take place on June 18, 2025, at 2:00 p.m. CET at the offices of Freshfields Bruckhaus Deringer LLP in Amsterdam. The GSM will cover a range of important topics, including the discussion and approval of the 2024 Annual Report, which includes both the consolidated and stand-alone statutory financial statements and the auditor’s report.

A key item on the agenda is the approval of the dividend distribution, amounting to 1.35 RON per share, with the ex-date set for June 26, 2025, the record date for the dividend on June 27, 2025, and the payment date planned for around July 15, 2025. Other items for approval include the appointment of the statutory auditor for the 2025 financial year, the release from liability of the Board of Directors, and the remuneration report for 2024 (which will be an advisory, non-binding vote). The shareholders will also discuss the company’s compliance with the Dutch Corporate Governance Code (DCGC) for 2024.

Additionally, shareholders will vote on the designation of the Board of Directors as the competent body to repurchase Class B shares. Shareholders wishing to attend or vote at the meeting must be registered by May 21, 2025 (the Record Date) and notify the company by June 11, 2025. The notice and procedures for proxy voting are outlined in the company’s Convocation Notice.

Digi Communications N.V., a leader in telecommunications services across Europe, continues to demonstrate its commitment to transparency and shareholder engagement while focusing on its growth and development within the industry. This upcoming shareholders meeting is a critical event in the company’s corporate governance calendar as it looks to solidify its financial position and advance its long-term strategic goals.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Statements, Funding, Funds, Investment, Stocks, Trading

Digi Communications N.V. subsidiaries conclude credit facilities of approximately €329 million

BUCHAREST, Romania, 28-Mar-2025 — /EuropaWire/ — Digi Communications N.V. (“DIGI”), a leading European telecom provider listed on the Bucharest Stock Exchange, announces that its Romanian subsidiary, Digi Romania S.A., signed two export credit facility agreements on 27 March 2025, totalling approximately EUR 54.8 million. The four-year facilities, effective from 30 April and 30 June 2025, will support network expansion in Romania and Portugal, according to a press release published on EuropaWire.

Additionally, on 28 March 2025, DIGI’s Spanish subsidiary, Digi Spain Telecom, S.L.U., secured a EUR 275 million credit facility with a five-year term. The agreement, arranged by Banco Santander S.A., Banco Bilbao Vizcaya Argentaria S.A., and ING Bank N.V., along with a syndicate of lenders, will be used to refinance existing debt, fund capital expenditures in Spain, and support general corporate and working capital needs.

SOURCE: EuropaWire

Business, Financial, Funding, Funds, Investment

Rise Point Capital to transform private equity by focusing on co-investments in niche, asset-light businesses across Europe & North America

AMSTERDAM, 17-Mar-2025 — /EuropaWire/ — Rise Point Capital, an Amsterdam-based private equity firm, is pioneering a unique investment strategy that centers on co-investments with Independent Sponsors (ISPs) to uncover opportunities across Europe and North America. By partnering with regional ISPs, the firm is able to tap into promising opportunities that traditional funds often overlook, leveraging local expertise and industry insights alongside its own robust value-creation capabilities.

Founded by former Holland Corporate Finance colleagues Sergio van Luijk and Ramon Keijsers—now at the helm of Rise Point Capital—the firm brings together deep experience in M&A, private equity, family office investments, corporate development, and entrepreneurship. “Through managing our family office, I gained firsthand experience co-investing with ISPs and developed a deep understanding of their potential,” explains Sergio van Luijk. Ramon Keijsers adds, “We are forging a win-win strategy with our approach. In Europe, very few investment strategies are designed specifically for partnerships with ISPs, while at the same time, investors are increasingly finding it challenging to access attractive prospects. Rise Point Capital is uniquely positioned to bridge this gap.”

Rise Point Capital focuses on niche, asset-light businesses that generate between EUR 1 million and 5 million in EBITDA, possess stable cash flows, and hold strong, defensible market positions. The firm’s investment approach emphasizes buy-and-build strategies, international expansion, and business model transformations. Its preferred sectors include Technology, Business Services, Logistics, and Light Manufacturing.

For additional information, please visit www.risepointcapital.com.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Statements, Funds, Investment, Stocks, Trading

Bogdan Ciobotaru, Non-Executive Director at Digi Communications N.V., sold 38,700 class B shares

BUCHAREST, Romania, 7-Mar-2025 — /EuropaWire/ — Digi Communications N.V. (DIGI), a major European telecom entity listed on the Bucharest Stock Exchange, announced today that its Non-Executive Director, Mr. Bogdan Ciobotaru, sold 38,700 class B shares on March 5 and 6, 2025. This sale was executed in line with Article 19(1) of the Market Abuse Regulation. Mr. Ciobotaru duly informed both the Romanian Financial Supervisory Authority (ASF) and the Dutch Authority for the Financial Markets (AFM), in addition to meeting the company’s internal notification requirements.

About Digi Communications N.V.

We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Statements, Funds, Investment, Money, Revenues, Stocks, Trading

Digi Spain reports consolidated revenues of EUR 1.93 billion in 2024

BUCHAREST, Romania, 28-Feb-2025 — /EuropaWire/ — Digi Communications N.V., one of Europe’s leading telecommunications companies listed on the Bucharest Stock Exchange, has released its preliminary financial results for 2024, reporting robust growth across its service portfolio. The company generated consolidated revenues of €1.93 billion, reflecting a 13.9% increase compared to 2023. A key contributor to this growth was the Q4 performance, where Digi reported a 14.2% rise in revenues to €516 million, driven by the strong expansion of its customer base and services.

The company’s adjusted EBITDA for 2024 amounted to €580 million, marking a 14.1% year-on-year increase, with Q4 adjusted EBITDA showing a solid 3% growth. The increase in revenue-generating units (RGUs) was particularly notable, as Digi’s total RGU count reached 27.8 million, a 16.4% year-over-year increase. This growth was largely fueled by expansions in mobile, broadband, pay-TV, and fixed telephony services across its markets, particularly in Romania, Spain, and newly launched operations in Portugal and Belgium.

Serghei Bulgac, CEO of Digi Communications, highlighted the company’s transformative achievements, stating, “2024 was a year of significant milestones for Digi Communications. Our strategic expansions, including our acquisition of Nowo Communications in Portugal and our entry into the Belgian market, are central to our growth. We are excited about the future and will continue working to provide high-quality, affordable connectivity services that drive innovation and economic growth across Europe.”

The company also reported major growth in Spain, where the number of mobile users increased by 25.7%, and broadband users surged by 42.1%. Portugal, where Digi began commercial operations in November 2024, is already showing promising results with 676,000 RGUs by the end of the year. Belgium’s joint venture with Citymesh also kicked off successfully with the launch of broadband internet and mobile services in December.

In Romania, Digi solidified its position as the second-largest mobile operator, achieving a 13% increase in mobile RGUs, while broadband services grew by 6.9%, further solidifying the company’s leadership across its core markets.

Digi’s CEO, Serghei Bulgac, emphasized the company’s commitment to expanding its services and improving customer satisfaction. “We are proud to serve millions of customers across five European markets. Their continued trust in us enables us to innovate, grow, and adapt to the ever-changing telecommunications landscape,” he said.

About Digi Communications N.V.

We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Statements, Funds, Investment, Money, Profits, Revenues, Stocks, Trading

Digi Spain reduces net debt to the lowest debt-to-EBITDA ratio among major Spanish telecoms

BUCHAREST, Romania, 26-Feb-2025 — /EuropaWire/ — Digi Communications N.V. (“DIGI”), a prominent European telecommunications leader listed on the Bucharest Stock Exchange, is pleased to update investors and the broader market on the progress of Digi Spain Telecom S.L.U. (“Digi Spain”), its subsidiary in Spain.

At the beginning of February 2025, Digi Spain achieved a significant milestone by surpassing 2 million fixed broadband customers. This achievement reflects a rapid increase in customer acquisition, with network penetration surpassing 20% in areas covered by networks deployed between 2019 and 2020. Customers continue to demonstrate confidence in Digi Spain’s offerings, which provide internet speeds of up to 10 Gbps. In addition to this, the company is making substantial strides in expanding its optical fiber network across 50 provinces in Spain. The network now reaches over 12 million homes passed, including approximately 3 million homes added in the past year, out of a total of 24 million households nationwide.

In another key development, Digi Spain has surpassed 6 million mobile lines, further affirming the strong demand and customer satisfaction with the company’s mobile services.

As of December 31, 2024, Digi Spain has also significantly reduced its net debt, bringing it down to less than 215 million euros, which is equivalent to 1.4 times EBITDA—marking the lowest debt-to-EBITDA ratio among Spain’s leading telecom operators.

These positive outcomes underscore Digi Spain’s robust and sustainable business strategy, which emphasizes investment in both infrastructure and human resources, and further solidifies its competitive position in the Spanish telecommunications market.

About Digi Communications N.V.

We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Statements, Funds, Investment, Money, Revenues, Stocks, Trading

Digi Communications N.V. will release its unaudited 2024 preliminary financial results on 28 Feb 2025

BUCHAREST, Romania, 21-Feb-2025 — /EuropaWire/ — Digi Communications N.V. has announced it will host a conference call on 28 February 2025 to present and discuss the company’s preliminary financial results for the year 2024. The call will take place at 14:00 UK time / 16:00 EET (Romania local time), and will be conducted in English. The unaudited financial results will be published earlier the same day, at 08:00 am EET.

The call will be led by Serghei Bulgac, the company’s CEO, and Dan Ionita, CFO of Digi Communications. The two executives will provide insights into the company’s performance and financial outcomes for the year.

Stakeholders who wish to participate in the call are encouraged to pre-register at the provided link before the registration deadline of 28 February 2025, 12:00 UK time / 14:00 EET (Romania local time).

About Digi Communications N.V.

We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

Business, Financial, Financial Information, Financial Statements, Investment, Loans, Money

Digi Communications N.V. secures €281.9M in financing through two agreements

BUCHAREST, Romania, 9-Dec-2024 — /EuropaWire/ — Digi Communications N.V. (DIGI), a leading European telecommunications provider listed on the Bucharest Stock Exchange, has announced two significant financing agreements to enhance its operational capacity and expand its telecommunications infrastructure across multiple European markets.

Digi Romania, a subsidiary of DIGI, along with the parent company and Digi Spain Telecom, acted as guarantors in these agreements. The first is a Syndication and Amendment Agreement to the original Facility Agreement with ING Bank N.V., increasing the commitment from €150 million to €220 million with a five-year maturity period. This agreement also introduces a group of new lenders, including Banca Transilvania, BRD – Groupe Société Générale, Citibank Europe, ING Bank Amsterdam – Bucharest Branch, Banca Comerciala Intesa Sanpaolo Romania, Raiffeisen Bank, and UniCredit Bank.

The second agreement is an Export Credit Facility worth €61.9 million, arranged with ING Bank N.V., to finance the purchase of goods and services essential for developing Digi’s telecommunications networks in Romania, Spain, Portugal, and Belgium.

These agreements underscore DIGI’s strategic commitment to strengthening its market presence and investing in cutting-edge infrastructure.

About Digi Communications N.V.

We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

Financial, Financial Services, Financial Software, Security

FlyLink Enhances Online Transaction Security and Convenience for Global Shoppers

BEIJING, China, 4-Dec-2024 — /EuropaWire/ — As the digital economy grows, so does the risk of online fraud, identity theft, and financial losses. FlyLink steps up as a powerful solution, offering users a secure, efficient, and hassle-free online payment experience. With state-of-the-art encryption, real-time fraud prevention, and comprehensive data protection, FlyLink provides a trusted platform for safe digital transactions.

In the face of rising cybersecurity threats, such as phishing and malware attacks, FlyLink’s robust security measures ensure peace of mind for both consumers and businesses. The platform’s real-time fraud detection system, enhanced by machine learning, rapidly identifies and blocks suspicious activity, reducing the risk of fraudulent transactions.

In addition to its security capabilities, FlyLink offers a seamless user experience, supporting over 60 payment methods and 70+ currencies, making cross-border transactions straightforward and accessible. Its user-friendly interface and streamlined checkout process make it ideal for global shoppers and businesses alike, while the platform’s compatibility with major social media platforms like Instagram and Facebook ensures convenience at every step.

With more than 19,000 successful transactions and over $2 million in processed payments, FlyLink is gaining trust for its quick, secure, and reliable service. By merging cutting-edge security with a smooth user experience, FlyLink is helping redefine the future of online payments.

SOURCE: EPR Network

Accounting, Assets, Business, Financial, Financial Information, Financial Statements, Funds, Investment, Money, Profits, Revenues, Stocks, Trading

Digi Communications N.V. reports significant growth across multiple markets in its Q3 2024 financial results

BUCHAREST, Romania, 15-Nov-2024 — /EuropaWire/ — Digi Communications N.V., a prominent European telecommunications provider listed on the Bucharest Stock Exchange, has announced the release of its Q3 2024 financial results. The report highlights strong growth, with consolidated revenues of €1.414 billion in the first nine months of 2024, a 13% increase compared to the same period in 2023. Adjusted EBITDA, excluding the impact of IFRS 16, rose by 18.4% year-on-year to €435.4 million, driven by the expansion of the customer base across multiple markets.

In Q3 2024 alone, the company achieved revenues of €492.5 million, a 13.6% year-on-year increase. The quarter’s adjusted EBITDA reached €150.8 million, reflecting a 16.6% growth compared to Q3 2023. The total number of revenue-generating units (RGUs) surpassed 26 million by the end of September 2024, marking a 13.5% year-on-year increase across Romania, Spain, and Italy.

Romania remains a cornerstone of Digi’s operations, with RGUs growing by 7.4% year-on-year to 17.9 million, led by mobile services, which grew by 13.7% to 6.4 million RGUs. In Spain, the company recorded a 30% increase in RGUs, reaching 7.9 million, with broadband services showing a remarkable 45.7% growth. Italy also saw positive momentum, with mobile RGUs growing by 16.1% year-on-year.

The company expanded its footprint in Portugal with the launch of commercial operations in November 2024, offering a full suite of telecommunication services, including fiber broadband, mobile voice and data, television, and fixed telephony. Digi’s modern infrastructure in Portugal already covers 93% of the population, with plans for continued network expansion. Additionally, Digi announced plans to introduce services in Belgium.

Serghei Bulgac, CEO of Digi Communications, highlighted the company’s achievements, stating, “2024 is proving transformative for Digi Communications, driven by strategic growth in established markets and successful expansion into new territories like Portugal. Our focus on organic growth and strategic acquisitions has solidified our position as a leader in delivering innovative and affordable telecom solutions across Europe.”

This performance underscores Digi Communications’ strategy to combine customer-focused service expansion with advanced infrastructure development, positioning it as a key player in the European telecommunications sector. For more information, visit the company’s website or contact investor relations at investor.relations@digi-communications.ro.

SOURCE: EuropaWire

Accounting, Assets, Business, Financial, Financial Information, Financial Statements, Funds, Investment, Money, Profits, Revenues, Stocks, Trading

Digi Communications N.V. to host a conference call for its Q3 2024 financial results on Nov 14, 2024

BUCHAREST, Romania, 7-Nov-2024 — /EuropaWire/ — Digi Communications N.V. (“Digi”) will host a conference call on November 14, 2024, at 14:00 UK time / 16:00 EEST (Romanian local time) to discuss its Q3 2024 financial results. The company plans to release its unaudited financial results earlier that day at 08:00 EEST.

The conference call, held in English, will be led by Digi’s CEO, Serghei Bulgac, and CFO, Dan Ionita. Interested stakeholders are encouraged to pre-register for the call by visiting Digi’s investor relations page at the link below. Pre-registration will remain open until 12:00 UK time / 14:00 EEST on November 14.

About Digi Communications N.V.

Digi is a prominent European telecommunications provider, specializing in geographically-focused solutions with a strong presence in Romania and Spain, and expanding services in Italy, Portugal, and Belgium.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Statements, Funds, Investment, Money, Stocks, Trading

DIGI Romania to acquire assets from Telekom Romania Mobile as part of a deal with OTE and Vodafone

BUCHAREST, Romania, 31-Oct-2024 — /EuropaWire/ — Digi Communications N.V. (“DIGI”), a prominent European telecommunications company listed on the Bucharest Stock Exchange, has announced a new development in its acquisition plans following Adrian Tomșa’s decision to withdraw from the initial transaction. On October 30, 2024, DIGI Romania S.A. (“DIGI”) entered into a memorandum of understanding (MoU) with Hellenic Telecommunications Organization S.A. (“OTE”) and Vodafone Romania S.A. (“VF”) regarding OTE’s divestment of Telekom Romania Mobile Communications S.A. (“TKRM”).

Under the terms outlined in the MoU, DIGI is set to acquire specific assets from TKRM, while Vodafone will indirectly acquire OTE’s shares in TKRM. This transaction remains contingent on several key steps, including a thorough due diligence process, obtaining required regulatory approvals, and the signing of final transaction documentation.

About Digi Communications N.V.
Digi Communications is a leading telecommunications provider in Europe, particularly strong in Romania and Spain, with additional operations in Italy, Portugal, and Belgium. The company is recognized for its focus on geographically-specific telecommunication solutions and its substantial base of revenue-generating units.

SOURCE: EuropaWire