Digi Communications N.V. announces the recent evolution and performance of the Company’s subsidiary in Spain

(IN BRIEF) Digi Spain, a subsidiary of Digi Communications N.V., has surpassed 2 million fixed broadband customers as of February 2025, achieving over 20% penetration in networks deployed between 2019 and 2020. The company is expanding its optical fiber network across 50 provinces in Spain, now covering over 12 million homes. Additionally, Digi Spain has exceeded 6 million mobile lines, reflecting strong user trust and satisfaction. By the end of 2024, the company reduced its net debt to under 215 million euros, marking the lowest debt-to-EBITDA ratio among major telecom operators in Spain. These milestones highlight Digi Spain’s sustainable growth and market leadership.

(PRESS RELEASE) BUCHAREST, Romania, 26-Feb-2025 — /EuropaWire/ — Digi Communications N.V. (“DIGI”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, wishes to inform investors and the market about the recent developments and performance of Digi Spain Telecom S.L.U. („Digi Spain”), the Company’s Spanish subsidiary.

Digi Spain surpassed 2,000,000 fixed broadband customers at the beginning of February 2025. This development reflects an accelerated increase in the number of users, reaching a penetration of more than 20% in networks deployed in the period 2019-2020, and confirms their trust in the services offered, which allow speeds of up to 10 Gbps. At the same time, Digi Spain is actively working on expanding its optical fiber network in 50 provinces across Spain. The currently deployed network covers more than 12 million homes passed (out of which approx. 3 million deployed in the last year) out of a total of 24 million households nationwide.

Moreover, Digi Spain exceeded 6,000,000 mobile lines, a remarkable milestone that reflects the trust and appreciation users have for the company’s mobile services.

As of 31.12.2024, Digi Spain has reduced its net debt to less than 215 million euros, equivalent to 1.4 times EBITDA – the lowest level among all major telecommunications operators in Spain.

These developments confirm Digi Spain’s sustainable business model, as well as its commitment to investing both in infrastructure and human resources, thereby strengthening its position on the Spanish 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.

Contacts:

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

Website:

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FAQs about Digi Spain’s Milestones and Growth (Feb 2025)

1. What is the latest achievement of Digi Spain in fixed broadband services?
   Digi Spain has surpassed 2 million fixed broadband customers as of February 2025, with over 20% penetration in networks deployed between 2019 and 2020.
2. How extensive is Digi Spain’s optical fiber network?
   Digi Spain is actively expanding its optical fiber network across 50 provinces in Spain, now covering over 12 million homes, with approximately 3 million added in the last year.
3. How has Digi Spain performed in the mobile services sector?
   The company has exceeded 6 million mobile lines, reflecting high customer trust and satisfaction with its mobile services.
4. What is the financial status of Digi Spain?
   As of December 31, 2024, Digi Spain reduced its net debt to less than 215 million euros, maintaining the lowest debt-to-EBITDA ratio (1.4 times) among major telecommunications operators in Spain.
5. What does this growth indicate about Digi Spain’s business model?
   These achievements highlight Digi Spain’s sustainable business model and its commitment to investing in infrastructure and human resources, solidifying its leadership position in the Spanish telecommunications market.
6. Who is Digi Communications N.V.?
   Digi Communications N.V. is a leading European telecommunications company with a significant presence in Romania and Spain, and operations in Italy, Portugal, and Belgium.

SOURCE: Digi Communications NV