Digi Communications NV announces availability of Q1 2026 financial report

Digi Communications N.V. delivered strong double-digit growth in revenue, EBITDA, and customers in Q1 2026 while surpassing 33 million users and officially taking its first operational step into the UK telecom market, reinforcing its rapid expansion across Europe.

(IN BRIEF) Digi Communications N.V. announced strong Q1 2026 financial and operational results, reporting consolidated revenues and other income of EUR 593 million, while revenues excluding extraordinary asset sales increased 10% year-on-year to EUR 583 million, supported by continued expansion across its European operations. Adjusted EBITDA excluding IFRS 16 rose 15% year-on-year to EUR 161.2 million, reflecting sustained customer growth and strong demand for the group’s telecommunications services. DIGI surpassed 33 million revenue-generating units (RGUs) across Romania, Spain, Portugal, and Italy, marking a 15% annual increase and an additional 4.2 million RGUs compared to Q1 2025, with mobile services remaining the company’s main growth driver and accounting for more than half of all customer agreements. In Romania, DIGI reached more than 20.2 million RGUs, driven by strong growth in mobile, broadband, and Pay-TV services, while Spain continued its rapid expansion with total RGUs increasing nearly 26% to 11.4 million, including major gains in broadband and mobile subscriptions. Portugal also delivered strong momentum following the launch of the company’s full-service telecommunications offering, while Italy recorded continued growth in mobile users. During the quarter, DIGI also took its first operational steps into the United Kingdom through its subsidiary Fiber One Ltd., which acquired a 51% stake in Whyfibre Limited as part of plans to launch fixed broadband services in southern England, further strengthening the group’s long-term European expansion strategy. Following the quarter-end, the company completed a bonus share issuance approved by shareholders and confirmed plans to propose an 11% year-on-year increase in gross dividend distribution at its upcoming General Shareholders Meeting in June 2026, while CEO Serghei Bulgac highlighted the company’s continued revenue, EBITDA, and customer growth as evidence of DIGI’s strong market positioning and long-term development strategy across Europe.

Digi Communications N.V. reports consolidated revenues and other income (incl. the extraordinary sale of assets) of 593 million euros in Q1 2026, up 7% year-on-year, and 161.2 million euros of adjusted EBITDA (excluding IFRS16), up 15% year-on-year

• Digi Communications consolidated revenues (excl. the extraordinary sale of assets) increased 10% year-on-year (YoY) in Q1 2026, reaching EUR 583 million.
• Adjusted EBITDA (excluding the impact of IFRS 16) reached EUR 161.2 million in Q1 2026, a 15% YoY increase following the expansion of customer base.
• The Group saw a substantial increase in the number of revenue-generating units (RGUs) surpassing 33 million RGUs (+15% YoY growth), across the entire portfolio of services – mobile, broadband, Pay TV and fixed telephony in Romania, Spain, Portugal and Italy.

(PRESS RELEASE) BUCHAREST, Romania, 15-May-2026 — /EuropaWire/ — Digi Communications N.V. (“DIGI”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, reports consolidated revenues (including revenues and other income, excl. the extraordinary sale of assets) of EUR 583 million in the first quarter of 2026, a 10% year-on-year (YoY) increase. Adjusted EBITDA (excluding the impact of IFRS 16) for Q1 2026 increased by 15% compared to the result from Q1 2025, reaching EUR 161.2 million.

Serghei Bulgac, CEO of Digi Communications, stated: “Q1 2026 marked a very strong start to the year for DIGI, with continued growth in revenues, EBITDA and RGUs, supporting the ongoing execution of our long-term development strategy. We continued to expand our customer base across Spain, Romania, Portugal and Italy, surpassing 33 million user agreements at Group level, driven by sustained demand for our services and by the strength of our commercial offering. Mobile services remain the main growth engine of the Group, while broadband and Pay-TV also maintained a positive trajectory in our core markets. Romania and Spain continue to anchor our performance, while Portugal and Italy represent important emerging markets in our European expansion journey. During the quarter, we also took the first operational steps towards entering the UK market, further confirming DIGI’s ambition to strengthen its footprint across Europe over the long term. At the same time, we remain committed to delivering attractive returns to shareholders, reflected by the bonus share issuance completed in April and the proposed gross dividend increase of 11% year-on-year.”

In Q1 2026, Digi continued to grow across its entire service portfolio, surpassing 33 million in revenue-generating user agreements (RGUs) across Romania, Spain, Portugal and Italy. This marks a 4.2 million RGU’s year on year gain on an absolute basis.

The mobile segment stands out for generating the most RGUs within the Group’s array of services, accounting for 51% of the overall clients across the four markets. Maintaining its momentum from past quarters, in Q1 2026, the mobile segment saw its RGUs climb to 16.8 million, a 21% YoY increase, covering mobile telephony clients across Romania, Spain, Italy and Portugal.

In Romania, the mobile service segment remained the largest, reaching 8.2 million RGUs as of the end of Q1 2026, a positive evolution of 20% compared to Q1 2025. Broadband services registered an increase of 5% in Q1 2026, compared to Q1 2025, up to 5.2 million RGUs, while the segment of Pay-TV services (cable and satellite) increased by 2% YoY up to 6 million RGUs. Together with fixed-line telephony, the total number of RGUs in the Romanian market amounted to 20.2 million customers as of Q1 2026, a 9% increase versus Q1 2025.

Spanish operations continued the strong performance in Q1 2026, with the number of users of fixed services, internet, and mobile telephony increasing by 26% compared to Q1 2025, to 11.4 million RGUs. Mobile users increased by 22% to 7.6 million RGUs, while broadband users increased by 30% to 2.8 million.

In Portugal, where Digi offers a full range of telecommunication services, including mobile, fiber optic broadband internet, television, and fixed telephony, the number of RGUs amounted to 905k, up 20% YoY, of which 507k were mobile and 173k were broadband users.

In Italy, mobile users increased by 7% YoY, reaching 534k RGUs as of the end of Q1 2026.

During the first quarter of 2026, Digi Communications took the initial steps to enter the telecommunications market in the United Kingdom through Fiber One Ltd., its wholly owned subsidiary incorporated in England, which acquired a 51% stake in Whyfibre Limited. Whyfibre owns a fibre network currently under deployment in the counties of Bedfordshire and Hertfordshire in southern England. Fiber One Ltd. operates the network and expects to commence the provision of fixed broadband services on a pilot basis in the near future, marking Digi’s first operational step into the UK market.

Subsequent to the quarter-end, on April 8, 2026, Digi Communications completed the issuance of bonus shares approved by shareholders through the capitalization of reserves and retained earnings, whereby shareholders received up to two new shares for each existing share held. In addition, the Company intends to propose during the General Shareholders Meeting scheduled for June 29, 2026, the distribution of a gross dividend of RON 0.5 per share. Adjusted for the threefold increase in the number of shares following the bonus share issuance, the proposed dividend represents an 11% YoY increase in gross.

The financial report of Digi Communications as of March 31st, 2026, is available here.

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, the United Kingdom and Belgium.

Contacts:

Digi Communications NV
Phone no: +4031 400 6505
investor.relations@digi-communications.ro

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FAQs:

What financial results did DIGI report for Q1 2026?
Digi Communications N.V. reported consolidated revenues and other income of EUR 593 million in Q1 2026, while revenues excluding extraordinary asset sales reached EUR 583 million, representing a 10% year-on-year increase. Adjusted EBITDA excluding IFRS 16 rose 15% year-on-year to EUR 161.2 million.

How many customers does DIGI now serve across Europe?
DIGI surpassed 33 million revenue-generating units (RGUs) across Romania, Spain, Portugal, and Italy during Q1 2026, marking a 15% increase compared to the same period in 2025.

Which business segment generated the strongest growth?
Mobile services remained DIGI’s strongest growth engine, with mobile RGUs increasing 21% year-on-year to 16.8 million across its European markets.

How did DIGI perform in Romania and Spain?
Romania remained DIGI’s largest market with 20.2 million RGUs, supported by growth in mobile, broadband, and Pay-TV services. Spain also delivered strong results, with total RGUs increasing nearly 26% year-on-year to 11.4 million.

What developments did DIGI announce regarding the UK market?
DIGI confirmed its first operational move into the United Kingdom through Fiber One Ltd., which acquired a 51% stake in Whyfibre Limited to support the future rollout of broadband services in southern England.

Did DIGI announce any shareholder-related measures?
Yes. The company completed a bonus share issuance in April 2026 and plans to propose an 11% year-on-year increase in gross dividend distribution during its General Shareholders Meeting scheduled for June 29, 2026.

What did DIGI’s CEO say about the results?
Serghei Bulgac said the strong Q1 2026 results reflected continued execution of DIGI’s long-term growth strategy, highlighting sustained increases in revenues, EBITDA, and customer numbers across the company’s European markets.

SOURCE: Digi Communications N.V.