Digi Communications N.V. reports preliminary consolidated revenues of 2,2 billion euros in 2025, a 15% year-over-year increase

(IN BRIEF) Digi Communications N.V. has released its preliminary financial results for 2025, reporting strong growth driven mainly by expansion in mobile services and continued momentum in Romania and Spain. The company recorded consolidated revenues of approximately €2.22 billion, marking a 15% increase year over year, while Q4 revenues rose 12% to €579 million. Adjusted EBITDA reached €585 million for the full year, slightly up by 1%, reflecting customer growth alongside ongoing investments. DIGI’s customer base expanded significantly, surpassing 32 million revenue-generating units (RGUs)—a 15% annual increase and the largest rise in the company’s history, with 4.3 million net additions in 2025. Mobile services remained the main growth engine, now representing about half of total users, with particularly strong performance in Romania and Spain, where the operator maintained leading positions in mobile number portability. Operations also continued scaling across newer markets, including Portugal—where services launched in late 2024—and Italy, contributing to broader European expansion. Alongside operational growth, the company plans to seek shareholder approval in March 2026 for a bonus share distribution that could triple the total number of shares through capitalization of retained earnings, aiming to enhance shareholder value and stock liquidity.

(PRESS RELEASE) BUCHAREST, Romania, 23-Feb-2026 — /EuropaWire/ — Digi Communications N.V. (“DIGI”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, would like to inform the market that the 2025 preliminary financial report is available starting 23 February 2026, on the Company’s website: https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/annual-reports-shares

Digi Communications N.V. reports preliminary consolidated revenues of 2,2 billion euros in 2025, a 15% year-over-year increase

• Digi Communications consolidated revenues increased 12% year-on-year (YoY) in Q4 2025, reaching EUR 579 million. This growth contributed to a total of EUR 2,221 million in consolidated revenues for 2025 based on preliminary figures (+15% vs 2024).
• Adjusted EBITDA (excluding the impact of IFRS 16) reached EUR 150 million in Q4 2025, a 5 % YoY increase following the expansion of customer base, contributing to the preliminary result for 2025 of EUR 585 million (+1 % vs 2024).
• The Group saw a substantial increase in the number of revenue-generating units (RGUs) surpassing 32 million RGUs (+15% YoY growth), across the entire portfolio of services – mobile, broadband, Pay TV and fixed telephony in Romania, Spain, Portugal and Italy.

Digi Communications N.V., one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, reports consolidated preliminary revenues (including revenues and other income) of EUR 579 million in the fourth quarter of 2025, a 12% year-on-year (YoY) increase. Adjusted EBITDA (excluding the impact of IFRS 16) for Q4 2025 increased by 5% compared to the result from Q4 2024, reaching EUR 150 million.

For the full year 2025, according to the preliminary estimates, the Group registered EUR 2,221 million in consolidated revenues and other income, a 15% increase compared to 2024. Adjusted EBITDA increased by 1% YoY, reaching EUR 585 million.

Serghei Bulgac, CEO of Digi Communications, stated: “2025 was a successful year for DIGI, as we accelerated growth in our core markets while continuing to build our presence in new ones. We closed the year with outstanding results, surpassing 32 million clients across the Group, after welcoming 4.3 million new customers in 2025 alone – the highest annual increase in our history. Mobile services continued to be the main growth driver, now representing half of our total customer base, supported by strong commercial momentum and leading portability performance. In Romania, we ranked number one in mobile portability for the 13th consecutive year, while in Spain we held the leadership position for the 5th year in a row. These results confirm that customers continue to choose DIGI for the quality of our services and the fair pricing we deliver. With Spain becoming an increasingly important growth engine alongside Romania, DIGI is evolving into a truly European telecommunications group.”

In Q4 2025, Digi continued to grow across its entire service portfolio, surpassing 32 million in revenue-generating user agreements (RGUs) across Romania, Spain, Portugal and Italy. This marks a 4.3 million RGU’s gain on an absolute basis over the course of the year, the highest single-year growth registered in the history of the company.

The mobile segment stands out for generating the most RGUs within the Group’s array of services, accounting for 50% of the overall clients across the four markets. Maintaining its momentum from past quarters, in Q4 2025, the mobile segment saw its RGUs climb to 16 million, a 22% YoY increase, covering mobile telephony clients across Romania, Spain, Italy and Portugal.

In Romania, the mobile service segment remained the largest, reaching 7.9 million RGUs as of the end of Q4 2025, a positive evolution of 20% compared to Q4 2024. According to data published by ANCOM for 2025, DIGI ranked as the leading operator in mobile number portability in Romania in 2025, attracting approximately 783k ported-in numbers, representing 53.8% of total transfers nationwide. Broadband services registered an increase of 6% in Q4 2025, compared to Q4 2024, up to 5.1 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 19.9 million customers as of Q4 2025, a 9% increase versus Q4 2024.

Spanish operations continued the strong performance in Q4 2025, with the number of users of fixed services, internet, and mobile telephony increasing by 28% compared to Q4 2024, to 10.8 million RGUs. Mobile users increased by 24% to 7.2 million RGUs, while broadband users increased by 32% to 2.6 million. Based on mobile number portability data in Spain, DIGI ranked first for number portability and portability net customer gains in 2025, attracting a total of 1.42 million ported-in numbers and a net port-in gain of 784k mobile lines over the year.

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 Q4 2025, Portugal operations encompassed 850k RGUs, of which 471k were mobile and 159k were broadband users.

In Italy, mobile users increased by 7% YoY, reaching 524k RGUs as of the end of Q4 2025.

Beyond its operational performance, Digi Communications continues to focus on initiatives aimed at enhancing shareholder value and strengthening the liquidity of its shares. In this context, the Board of Directors has proposed for the Extraordinary General Meeting of Shareholders, scheduled for 20 March 2026, the distribution of bonus shares. The initiative involves the capitalization of retained earnings and reserves into share capital and the allocation of newly issued shares to shareholders on a pro rata basis, without any cash contribution. If approved, the Company would issue two new Class A shares for each existing Class A share and two new Class B shares for each existing Class B share, which would increase the total number of shares from 100 million to up to a maximum of 300 million shares, comprising approximately 193.7 million Class A shares and 106.3 million Class B shares.

Commercial indicators by market (RGU 000’s)	Q4’25	Q4’24	Change (%)
Romania	19,856	18,183	9.2%
Mobile services	7,884	6,578	19.9%
Pay-TV	6,013	5,868	2.5%
Broadband	5,157	4,888	5.5%
Fixed telephony	802	849	-5.5%
Spain	10,839	8,440	28.4%
Mobile services	7,269	5,863	24.0%
Broadband	2,583	1,951	32.4%
Fixed telephony	815	626	30.2%
Pay-TV	172	–	100.0%
Italy	524	490	6.9%
Mobile services	524	490	6.9%
Portugal	850	676	25.7%
Mobile services	471	321	46.7%
Broadband	159	127	25.2%
Pay-TV	132	121	9.1%
Fixed telephony	88	107	-17.8%
TOTAL	32,069	27,789	15.4%

The preliminary financial report of Digi Communications as of December 31st, 2025, is available here

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

About Digi Communications N.V.

We are an 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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Frequently Asked Questions (FAQs)

1. What did Digi Communications N.V. announce?
The company released its preliminary financial report for 2025, outlining its revenue performance, operational growth, and expansion across European markets.

2. How much revenue did DIGI generate in 2025?
DIGI reported preliminary consolidated revenues of about €2.22 billion, representing a 15% increase compared to 2024.

3. How did the company perform in Q4 2025?
Fourth-quarter revenues reached €579 million, up 12% year over year, while adjusted EBITDA rose 5% to €150 million.

4. What drove the company’s growth in 2025?
Growth was mainly fueled by strong demand for mobile services, expansion of the customer base, and continued strong performance in Romania and Spain.

5. How large is DIGI’s customer base now?
The company surpassed 32 million revenue-generating units (RGUs) across Romania, Spain, Portugal, and Italy, adding 4.3 million customers during 2025—the largest annual increase in its history.

6. Which market segments performed best?
The mobile segment was the standout performer, accounting for roughly 50% of total customers and growing 22% year over year.

7. How did DIGI perform geographically?

• Romania remained the largest market, with strong mobile and broadband growth.
• Spain continued rapid expansion, especially in mobile and fixed services.
• Portugal saw early traction following its 2024 launch.
• Italy maintained steady growth in mobile users.

8. Did profitability increase as well?
Adjusted EBITDA for the full year reached €585 million, a modest 1% increase, reflecting investment in expansion while scaling operations.

9. Is DIGI planning any shareholder-related initiatives?
Yes. The Board has proposed issuing bonus shares (subject to shareholder approval in March 2026), potentially increasing total shares from 100 million to up to 300 million to enhance liquidity and shareholder value.

10. What does this report indicate about DIGI’s strategy?
The results highlight DIGI’s transition into a broader pan-European telecommunications group, focusing on customer growth, competitive pricing, and expansion into new markets alongside its strong Romanian base.

SOURCE: Digi Communications N.V.