Digi Communications NV announces the release of H1 2025 Financial Report

(IN BRIEF) Digi Communications N.V., a leading European telecommunications provider listed on the Bucharest Stock Exchange, reported strong growth in its H1 2025 financial results. The company posted revenues and other income of €1.113 billion for the first six months, marking a 21% year-on-year increase, with Q2 revenues up 18% to €560 million. Adjusted EBITDA for H1 rose 2% to €339 million, though Q2 EBITDA dipped 1% due to higher initial investments in expanding operations in Portugal. The Group’s total revenue-generating units (RGUs) reached 29.8 million across Romania, Spain, Italy, and Portugal, up 17% year-on-year, nearing the 30 million milestone. Mobile services led growth, with 14.5 million RGUs (+22% YoY), while broadband and Pay-TV services also saw steady increases. Romania recorded healthy growth in all service categories, Spain continued its strong double-digit expansion, Italy maintained a positive trend, and Portugal—where services launched in late 2024—quickly grew to 789,000 RGUs. CEO Serghei Bulgac highlighted the company’s operational achievements and ongoing commitment to expanding its customer base and service quality.. 

(PRESS RELEASE) BUCHAREST, Romania, 14-Aug-2025 — /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 H1 2025 financial report is available starting 14 August 2025, on the company’s website: https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/half-year-reports-shares

Digi Communications N.V. reports revenues of 1,1 billion euros, a growth of 21% in the first six months of 2025

• Digi Communications consolidated revenues and other income increased 18% year-on-year in Q2 2025, reaching EUR 560 million, resulting in EUR 1,113 million in revenues and other income generated for 6M 2025 (+21% vs 6M 2024).
• Adjusted EBITDA reached EUR 168 million in Q2 2025, a 1% year-on-year decrease driven by the ramp-up of operations in Portugal, contributing to the result for 6M 2025 of EUR 339 million (+2% vs 6M 2024).
• The Group saw a substantial increase in the number of revenue-generating units (RGUs) approaching a new milestone of 30 million RGUs (17% YoY growth), across the entire portfolio of services – mobile, broadband, Pay TV and fixed telephony services in Romania, Spain, Italy and Portugal.

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 560 million in the second quarter of 2025, an 18% increase compared to the same period of the previous year. Adjusted EBITDA decreased by 1% compared to the result from Q2 2024, reaching EUR 168 million due to the ramp-up of operations in Portugal, reflecting the higher initial investments necessary to support the expansion of customer base and services in this market.

This performance is sustained by solid growth in strategic markets and aligns with the management’s expectations for the first half of 2025. Consequently, in the first semester of 2025, the Group recorded consolidated revenues and other income of EUR 1,113 million, a 21% increase versus 6M 2024, adjusted EBITDA of EUR 339 million (+2% vs 6M 2024).

Serghei Bulgac, CEO of Digi Communications, stated: “The first half of 2025 brought extraordinary operational results for our Group, as we approach the milestone of 30 million RGUs across our four key markets. Romania delivered very healthy revenue and RGU growth, Spain continued its strong double-digit expansion, and Italy maintained its upward trajectory in both turnover and client numbers. We are advancing in Portugal, aiming to grow our customer base and improve our operational efficiencies. I want to thank all our customers, those who have been with us for decades and those who have only recently decided to trust us, for enabling us to continue growing and improving our services.”

In Q2 2025, Digi continued to grow across its entire service portfolio, reaching 29.8 million in revenue-generating user agreements (RGUs) across Romania, Spain, Italy and Portugal. This marks a 17% increase compared to Q2 2024 on an absolute basis.

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 Q2 2025, the mobile segment saw its RGUs climb to 14.5 million, a 22% increase, covering mobile telephony clients across Romania, Spain, Italy and Portugal.

In Romania, the mobile service segment reached 7 million RGUs as of the end of Q2 2025, a positive evolution of 13% compared to Q2 2024. Broadband services registered an increase of 7% in Q2 2025, compared to Q2 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 18.8 million customers as of Q2 2025, a 7% increase versus Q2 2024.

Spanish operations continued the strong performance in Q2 2025, with the number of users of fixed services, internet, and mobile telephony increasing by 29% compared to Q2 2024, to 9.7 million RGUs. Mobile users increased by 24% to 6.6 million RGUs, while broadband users increased by 35% to 2.3 million.

In Italy, mobile users increased by 12% YoY, reaching 512k RGUs as of the end of Q2 2025.

In Portugal, Digi Communications, launched commercial operations on November 4, 2024, offering a full range of telecommunication services, including mobile, fiber optic broadband internet, television, and fixed telephony. As of the end of Q2 2025, Portugal operations encompassed 789k RGUs, of which 420k were mobile and 144k were broadband users.

Commercial indicators by market (RGU 000’s)	Q2’25	Q2’24	Change (%)
Romania	18,821	17,561	7.1%
Mobile services	7,009	6,207	12.9%
Pay-TV	5,957	5,773	3.2%
Broadband	5,026	4,712	6.7%
Fixed telephony	829	869	-4.6%
Spain	9,666	7,517	28.6%
Mobile services	6,587	5,298	24.3%
Broadband	2,266	1,675	35.3%
Fixed telephony	723	544	32.9%
Pay-TV	90	–	–
Italy	512	456	12.3%
Mobile services	512	456	12.3%
Portugal	789	–	–
Mobile services	420	–	–
Broadband	144	–	–
Pay-TV	127	–	–
Fixed telephony	98	–	–
TOTAL	29,788	25,534	16.7%

The financial report of Digi Communications as of June 30^th, 2025, 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 and Belgium.

Contacts:

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

Website:

Logo:

---

FAQs: Digi Communications N.V. H1 2025 Financial Results

Q: What did Digi Communications announce?
A: Digi released its H1 2025 financial report, showing strong revenue and subscriber growth across its key markets.

Q: What were the main financial highlights for H1 2025?
A: Consolidated revenues and other income reached €1.113 billion, up 21% year-on-year, with adjusted EBITDA at €339 million, up 2% versus H1 2024.

Q: How did Q2 2025 perform compared to last year?
A: Q2 revenues rose 18% to €560 million, while adjusted EBITDA slightly declined by 1% to €168 million due to expansion investments in Portugal.

Q: How many customers does Digi serve now?
A: The Group reached 29.8 million revenue-generating units (RGUs) by the end of Q2 2025, up 17% from the previous year, nearing 30 million.

Q: Which services and markets saw the biggest growth?
A: Mobile services led with 14.5 million RGUs (+22% YoY). Spain posted a 29% rise in total RGUs, Romania saw steady growth across all services, Italy grew mobile users by 12%, and Portugal—launched in late 2024—quickly reached 789,000 RGUs.

Q: Where can the full financial report be found?
A: On Digi’s investor relations website: Half-Year Reports – Digi Communications

SOURCE: Digi Communications N.V.