Digi Communications N.V. announces significant agreements concluded by the Company’s subsidiaries in Spain

(IN BRIEF) Digi Spain Telecom S.L.U. (“DIGI Spain”) has signed a 16-year national roaming and RAN sharing agreement with Telefónica Móviles España, effective from 1 January 2025. Additionally, a 10-year fixed broadband bitstream wholesale agreement has been concluded. These deals, subject to regulatory approval, will help DIGI Spain transition to a mobile network operator (MNO) and deploy its own network. Digi Communications N.V. is a leading European telecom provider, operating in Romania, Spain, Italy, Portugal, and Belgium.

(PRESS RELEASE) BUCHAREST, Romania, 9-Jul-2024 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, informs the market that on 9 July 2024, Digi Spain Telecom S.L.U. (“DIGI Spain”), through its subsidiary DS Mobile Networks, S.L.U., entered into a national roaming agreement (the “NRA”) and a RAN sharing agreement (the “RAN Sharing Agreement”) with Telefónica Móviles España, S.A.U. (“Telefónica”). These agreements are concluded for a minimum period of 16 years and are intended to replace starting with 1 January 2025 the existing MVNO agreement concluded between DIGI Spain and Telefónica. Under the RAN Sharing Agreement, the parties agree to also share the mobile spectrum owned by them in Spain, in the 3.500 MHz frequency band.

The agreements are subject to customary closing conditions, such as obtaining the applicable regulatory approvals.

In addition, DIGI Spain has concluded a new fixed broadband bitstream wholesale agreement with Telefónica (NEBA) for a period of 10 years (with the possibility to extend such term).

Following the Company’s announcement from 12 December 2023 regarding the purchase of spectrum licenses in Spain, the conclusion of the agreements announced today will enable the Company to execute an efficient and timely transition of its mobile telephony business in Spain from a mobile virtual network operator (MVNO) to a mobile network operator (MNO) and to roll-out its own mobile network.

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:

For Digi Communications NV
Phone no: +4031 400 4444
investor.relations@digi-communications.ro

Website:

Logo:

Digi Communications NV logo

FAQs:

1. What did Digi Communications N.V. announce?

  • Digi Communications N.V. announced significant agreements concluded by its subsidiary, Digi Spain Telecom S.L.U. (“DIGI Spain”), with Telefónica Móviles España, S.A.U. (“Telefónica”).

2. What agreements were signed between DIGI Spain and Telefónica?

  • DIGI Spain signed a national roaming agreement (NRA) and a RAN sharing agreement with Telefónica, effective from 1 January 2025 for at least 16 years. Additionally, a 10-year fixed broadband bitstream wholesale agreement (NEBA) was concluded.

3. When will the new agreements take effect?

  • The agreements will take effect from 1 January 2025.

4. How long are the NRA and RAN sharing agreements valid?

  • The NRA and RAN sharing agreements are valid for a minimum period of 16 years.

5. What will the new agreements replace?

  • The new agreements will replace the existing MVNO agreement between DIGI Spain and Telefónica.

6. What is the significance of the RAN sharing agreement?

  • Under the RAN sharing agreement, DIGI Spain and Telefónica will share mobile spectrum in the 3.500 MHz frequency band in Spain.

7. What conditions must be met for the agreements to be finalized?

  • The agreements are subject to customary closing conditions, including obtaining the necessary regulatory approvals.

8. What is the duration of the fixed broadband bitstream wholesale agreement?

  • The fixed broadband bitstream wholesale agreement (NEBA) is for a period of 10 years, with the possibility of extension.

9. How will these agreements impact DIGI Spain’s operations?

  • These agreements will enable DIGI Spain to transition from a mobile virtual network operator (MVNO) to a mobile network operator (MNO) and roll out its own mobile network in Spain.

10. Where can I find more information about Digi Communications N.V.?

  • More information about Digi Communications N.V. can be found on their official website.

11. What is Digi Communications N.V.?

  • Digi Communications N.V. is a leading European provider of telecommunication services, with major operations in Romania and Spain, and a presence in Italy, Portugal, and Belgium.

SOURCE: Digi Communications NV

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