Digi Communications N.V. announces the release of the Q3 2025 financial report

(IN BRIEF) Digi Communications N.V. has released its Q3 2025 financial report, showing continued strong growth across its European markets. The company reported EUR 561 million in revenues for the quarter (up 14% YoY) and EUR 1.643 billion for the first nine months of 2025 (up 16%). Adjusted EBITDA reached EUR 188 million in Q3 and EUR 527 million for the nine-month period. Digi surpassed 30 million RGUs, driven by significant expansion in Spain, steady growth in Romania, and rising adoption in Portugal and Italy. The Group also strengthened its financial position with a successful EUR 600 million bond issuance used to refinance existing debt and support ongoing investments. The full report is available on the company’s website.

(PRESS RELEASE) BUCHAREST, Romania, 14-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 the Q3 2025 financial report is available starting 14 November 2025, on the Company’s website: https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/quarterly-reports-shares or download the report as a PDF below:

Digi Communications N.V. reports revenues of 1,6 billion euros, a growth of 16% in the first nine months of 2025

• Digi Communications consolidated revenues and other income increased 14% YoY in Q3 2025, reaching EUR 561 million, resulting in EUR 1,643 million in revenues and other income generated for 9M 2025 (+16% vs 9M 2024).
• Adjusted EBITDA reached EUR 188 million in Q3 2025, a 6% year-on-year increase, contributing to the result for 9M 2025 of EUR 527 million (+3% vs 9M 2024).
• The Group overpassed a new milestone of 30 million RGUs (17% YoY growth), across the entire portfolio of services – mobile, broadband, Pay TV and fixed telephony in Spain, Romania, Portugal and Italy.

Digi Communications N.V., one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, reports consolidated revenues (including revenues and other income) of EUR 561 million in the third quarter of 2025, a 14% increase compared to the same period of the previous year. Adjusted EBITDA for Q3 2025 increased by 6% compared to the result from Q3 2024, reaching EUR 188 million.

This performance is sustained by solid growth in strategic markets and aligns with the management’s expectations for the nine months of 2025. Consequently, as of 30 September 2025, the Group recorded consolidated revenues and other income of EUR 1,643 million, a 16% increase versus 9M 2024, adjusted EBITDA of EUR 527 million (+3% vs 9M 2024).

Serghei Bulgac, CEO of Digi Communications, stated: “The third quarter of 2025 continued to deliver strong RGU growth, driven by the sustained demand for Digi’s services across all markets. We have now surpassed well over 30 million RGUs at Group level, including more than 15 million mobile RGUs. The double-digit expansion in Spain remains particularly impressive and confirms that our product and pricing strategy addresses a clear market need. Romania, Portugal and Italy also continue to contribute to our growth, underlining the scalability of our model, supported by our investments in infrastructure. We are pleased that this commercial performance has translated into clear support from investors. The share price evolution on the Bucharest Stock Exchange, together with the successful EUR 600 million bond issuance, reflects confidence in Digi’s strategy and long-term potential. As we continue to expand our footprint and strengthen our infrastructure, this access to capital allows us to sustain further our growth.”

In Q3 2025, Digi continued to grow across its entire service portfolio, reaching 30.8 million in revenue-generating user agreements (RGUs) across Romania, Spain, Portugal and Italy. This marks a 4.4 million RGU’s increase compared to Q3 2024 on an absolute basis, the highest growth so far.

The mobile segment stands out for generating the most RGUs within the Group’s array of services, accounting for 49% of the overall clients across the four markets. Maintaining its momentum from past quarters, in Q3 2025, the mobile segment saw its RGUs climb to 15.1 million, a 22% increase, covering mobile telephony clients across Romania, Spain, Italy and Portugal.

In Romania, the mobile service segment reached 7.2 million RGUs as of the end of Q3 2025, a positive evolution of 13% compared to Q3 2024. Broadband services registered an increase of 6% in Q3 2025, compared to Q3 2024, up to 5 million RGUs, while the segment of Pay-TV services (cable and satellite) increased by 3% YoY up to 6 million RGUs. Together with fixed-line telephony, the total number of RGUs in the Romanian market amounted to 19 million customers as of Q3 2025, a 7% increase versus Q3 2024.

Spanish operations continued the strong performance in Q3 2025, with the number of users of fixed services, internet, and mobile telephony increasing by 29% compared to Q3 2024, to 10.3 million RGUs. Mobile users increased by 25% to 7 million RGUs, while broadband users increased by 34% to 2.4 million.

In Portugal, Digi Communications launched commercial operations a year ago, in November 2024, offering a full range of telecommunication services, including mobile, fiber optic broadband internet, television, and fixed telephony. As of the end of Q3 2025, Portugal operations encompassed 813k RGUs, of which 443k were mobile and 150k were broadband users.

In Italy, mobile users increased by 10% YoY, reaching 521k RGUs as of the end of Q3 2025.

Alongside this operational performance, the Group also strengthened its financial profile. On 29th October 2025, Digi Romania S.A. successfully closed the offering of EUR 600 million senior secured notes due 2031. The transaction was upsized from the initially announced EUR 500 million, following strong demand from international institutional investors. The proceeds were used to redeem in full the outstanding EUR 400 million senior secured notes due in 2028, partially prepay certain bank facilities and secured short-term debt, and support ongoing operations and investments. The EUR 400 million notes due in 2028 were fully redeemed on 30th October 2025. The new Notes are listed on the official list of Euronext Dublin and trade on its regulated market.

Commercial indicators by market (RGU 000’s)	Q3’25	Q3’24	Change (%)
Romania	19,148	17,886	7.1%
Mobile services	7,245	6,398	13.2%
Pay-TV	5,992	5,825	2.9%
Broadband	5,096	4,804	6.1%
Fixed telephony	815	859	-5.1%
Spain	10,263	7,941	29.2%
Mobile services	6,931	5,550	24.9%
Broadband	2,431	1,809	34.4%
Fixed telephony	768	582	32.0%
Pay-TV	133	–	100.0%
Italy	521	475	9.7%
Mobile services	521	475	9.7%
Portugal	813	–	100%
Mobile services	443	–	100%
Broadband	150	–	100%
Pay-TV	128	–	100%
Fixed telephony	92	–	100%
TOTAL	30,745	26,302	16.9%

The financial report of Digi Communications as of September 30^th, 2025, is available here.

For additional information, please contact us at investor.relations@digi-communications.ro

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

Website:

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FAQs

When was Digi Communications’ Q3 2025 financial report released?
The report became available on 14 November 2025.

Where can I access the Q3 2025 financial report?
It is available on Digi Communications’ official website under the Investor Relations section.

What were Digi’s revenues for Q3 2025?
Digi reported EUR 561 million in revenues for Q3 2025, a 14% increase compared to Q3 2024.

What were the company’s revenues for the first nine months of 2025?
Revenues and other income reached EUR 1.643 billion, up 16% versus the same period in 2024.

How did Adjusted EBITDA perform?
Adjusted EBITDA reached EUR 188 million in Q3 2025 and EUR 527 million for the first nine months, representing a 3% year-on-year increase.

How many revenue-generating units (RGUs) does Digi have?
Digi surpassed 30 million RGUs across all markets, marking 17% year-on-year growth.

In which markets is Digi experiencing the strongest growth?
Spain recorded the fastest expansion, with RGUs jumping 29% year-over-year. Romania, Portugal, and Italy also reported steady increases.

How is Digi performing in the mobile segment?
Mobile services account for nearly half of all RGUs, reaching 15.1 million users in Q3 2025, up 22% year-on-year.

Did Digi issue new bonds in 2025?
Yes. Digi Romania S.A. issued EUR 600 million in senior secured notes due 2031, used to refinance existing debt and support investments.

10. Who can I contact for more investor information?
You can email investor.relations@digi-communications.ro or call +40 31 400 6505.

 

SOURCE: Digi Communications N.V.