Digi completes sale of Hungarian unit

Romania-based international service provider Digi has completed the sale of its Hungarian subsidiary to local information technology and service provider outfit 4iG. The agreement, which saw 4iG acquire Digi Hungary for €625 million, will give the former a company with about 1.1 million subscribers and 2.5 million revenue-generating units. Digi has a 283.3% share of […]

4iG completes agreement to acquire Digi’s Hungarian operation

Romania-based pay TV operator Digi has signed a definitive agreement to sell its Hungarian operation to expanding IT and services outfit 4iG. The sale agreement follows a preliminary deal struck between the pair in March whereby Digi’s Romanian subsidiary RCS&RDS agreed to sell local Hungarian subsidiaries Digi Távközlési Szolgáltató, Invitel, I TV and Digi Infrastructure […]

Digi launches new mobile sports app

Romania-based service provider Digi has launched a new mobile sports app, providing access on the go to sports fans to streaming content and information. The app includes a ‘reminder’ function that will notify users that they can watch key matches and competitions via the Digi Sport TV channels on any device. Digi will provide live-streams […]

Digi sees strong growth across Romania and Spain

Romania-based international pay TV, broadband and mobile service provider Digi counted close to 20 million revenue-generating units at the end of Q3 and saw its revenues jump by 12% year-on-year. Digi said its global RGU total rose by 12% year-on-year in the third quarter to end with 19.9 million overall. Digi’s overall revenues also increased […]

Digi boosted by growth in Romania and Spain

Romania-based service provider Digi saw its pay TV base in Romania grow by 15% to five million in the year to June, while the company’s entry into Spain as a challenger brand delivered its engine of revenue growth on the back of strong subscriber acquisitions. In its domestic market, the operator saw revenue growth of […]

Hungary’s 4iG to take majority stake in Spacecom

Hungarian IT and telecom player 4iG and two subsidiaries, Hungaro DigiTel and joint venture CarpathiaSat, have entered into a preliminary agreement with Spacecom to acquire a 51% majority stake in the Israeli satellite operator. Spacecom, which is listed on the Tel Aviv stock exchange, operates four geosynchronous satellites, including Amos 3, which provices providing in […]

Digi turns in strong growth

Romania-based international service provider RCS&RDS/Digi has posted strong first quarter results, with growth in revenue-generating units, revenues and earnings. Overall RGUs increased by 13% to 18.7 million. Pay TV numbers in its Romania were up 15.6% to 4.9 million while fixed internet subscribers were up 19.7% to 3.4 million, with total RGUS in the home […]

Hungary’s 4iG strikes deal with RCS & RDS to acquire Digi

Romanian and international pay TV and broadband service provider RCS & RDS has struck a preliminary agreement with Hungarian IT and telecom player 4iG for the sale of RCS & RDS’s Hungarian operation, Digi Távközlési Szolgáltató and its subsidiaries Invitel and I TV. Under the agreement, which is expected to complete by September pending regulatory […]

Digi posts solid growth in face of pandemic

Romania-based service provider Digi has posted solid second-quarter financials in the face of the COVID-19 pandemic. The operator, which provides pay TV, broadband and mobile services across Romania and parts of central and eastern Europe as well as operating in Spain and Italy, said it made Revenues of €310 million for the quarter, up 5%, […]

Digi/RCS & RDS taps Nagra for first cardless CAM

Central and eastern European cable and satellite pay TV operator Digi/RCS & RDS has tapped technology outfit Nagra to provide its cardless content protection technology in a conditional access module from its SmarDTV brand in Romania and Hungary. The launch marks the first cardless CAM deployment for Nagra. The cardless technology is based on a new […]