Digi Communications N.V. announces the conclusion by Company’s Portuguese subsidiary of a framework agreement for spectrum usage rights
(IN BRIEF) Digi Communications N.V. has announced that its Portuguese subsidiary, Digi Portugal, has entered into a framework agreement with Vodafone Portugal. Pending approval from the Portuguese Competition Authority, Digi Portugal will receive spectrum usage rights in the 1,800 Mhz and 3,400-3,800 Mhz bands. Additionally, Digi Portugal will be granted wholesale bitstream access to Vodafone’s optical fiber network as part of a remedy package related to Vodafone’s acquisition of Cabonitel/NOWO Communications S.A. This agreement aims to address regulatory requirements in Portugal.
(PRESS RELEASE) BUCHAREST, Romania, 11-Dec-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) would like to inform the market that on December 8, 2023, DIGI PORTUGAL LDA. (“Digi Portugal”) and VODAFONE PORTUGAL – COMUNICAÇÕES PESSOAIS, S.A. (“Vodafone”) have entered into a framework agreement on the basis of which, after the Portuguese Competition Authority’s approval Digi Portugal will be assigned the spectrum usage rights of 2×10 Mhz in the 1,800 Mhz band and 2×10 Mhz in the 3,400-3,800 Mhz band and granted wholesale bitstream access over Vodafone’s own proprietary optical fibre network to Digi Portugal, as part of a remedy package to be submitted by Vodafone to the Portuguese Competition Authority in connection with its acquisition of Cabonitel/NOWO Communications S.A.
About Digi Communications NV
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 N.V.
Phone no: +4031 400 4444
investor.relations@digi-communications.ro
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https://twitter.com/europawire/status/1734162660755730883
📡🇵🇹 Digi Portugal has entered into a framework agreement for spectrum usage rights in the 1,800 Mhz and 3,400-3,800 Mhz bands with Vodafone Portugal. Pending regulatory approval, this agreement is set to enhance the company's telecommunications services.https://t.co/8d50n8VpcK… pic.twitter.com/0ZTtPgeMnu
— EuropaWire (@europawire) December 11, 2023
https://twitter.com/europawire/status/1734166278338683315
📡🇵🇹 DIGI PORTUGAL SIGNS A FRAMEWORK AGREEMENT FOR SPECTRUM USAGE RIGHTS IN THE 1,800 MHZ AND 3,400-3,800 MHZ BANDS WITH VODAFONE PORTUGAL
Digi Portugal will additionally be granted wholesale bitstream access to Vodafone’s optical fiber network. https://t.co/8d50n8VpcK
— EuropaWire (@europawire) December 11, 2023
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