(PRESS RELEASE) BUCHAREST, Romania, 9-Feb-2021 — /EuropaWire/ — The Company (Digi Communications N.V.) would like to inform its investors and the market that, on 4 February 2021, the Supreme Court of Hungary dismissed the Company’s appeal and thus upheld the first instance court’s judgement, which maintained as lawful the decision issued by the Hungarian Media and Infocommunications Authority (NMHH) to reject the Company’s participation in the tender related to wireless broadband services supporting the introduction of 5G in Hungary (5G Tender).
The Company filed, amongst other legal means it used, a statement of claim challenging the authority’s refusal to registrate the Company in the 5G Tender which has now been settled in favour of NMHH and also a statement of claim by which it challenged the decision awarded in the 5G Tender on its merits. The second litigation is still pending in front of the Metropolitan Regional Court.
The Company will analyse what future legal remedies are available to better protect the Company’s legitimate interests.
For details regarding the reports, please access the official websites designated of Digi: www.digi-communications.ro (Investor Relations Section).
About Digi Communications NV
Digi is the parent holding company of RCS & RDS, a leading provider of pay TV and telecommunications services in Romania and Hungary. In addition, RCS & RDS provides mobile services as an MVNO to the large Romanian communities living in Spain and Italy.
For Digi Communications NV
Phone no: +4031 400 4444