DIGI Communications N.V.: Decision regarding the participation to the auction procedure related to wireless broadband services supporting the introduction of 5G in Hungary

DIGI Communications N.V.: Decision regarding the participation to the auction procedure related to wireless broadband services supporting the introduction of 5G in Hungary

(PRESS RELEASE) BUCHAREST, Romania, 13-Sep-2019 — /EuropaWire/ — The Company (DIGI Communications N.V.) would like to inform its investors and the market on the decision of rejection issued on September 13 by the Hungarian National Media and Infocommunications Authority (NMHH), in respect to the participation of the Company in the tender related to wireless broadband services supporting the introduction of 5G in Hungary. The Company took part in this procedure in order to develop the mobile communications activity on the Hungarian market.

The Company considers NMHH’s decision unfair and without legal grounds. In our view, NMHH decision exceeds the provisions of the tender documentation and is based on assumptions and future projections instead of facts and documented analyses. This decision continues a list of other unfavorable and controversial resolutions taken by NMHH in the past, related to Digi Group companies during previous radiofrequencies tenders.

The Company will challenge this decision, by all means, according to the Hungarian and European law. The Group is determined to continue the execution of its projects on Hungarian market in the best interest of its customers.

About Digi Communications N.V.

Digi is the parent holding company of RCS&RDS group, 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.

Contacts:

For Digi Communications NV
Serghei Bulgac
Chief Executive Officer
Phone no: +4031 400 4444
ipo.relations@digi-communications.ro

Logo:

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