Digi Communications, 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 percent year-on-year (YoY) increase. Adjusted EBITDA (excluding the impact of IFRS 16) for Q1 2026 increased by 15 percent 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 percent 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 percent 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 percent 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 percent compared to Q1 2025. Broadband services registered an increase of 5 percent 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 percent 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 percent 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 percent compared to Q1 2025, to 11.4 million RGUs. Mobile users increased by 22 percent to 7.6 million RGUs, while broadband users increased by 30 percent 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 percent YoY, of which 507k were mobile and 173k were broadband users.
In Italy, mobile users increased by 7 percent 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 percent 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.