Digi Communications reports 10% revenue growth in Q1 2026

Business Forum
Digi Communications reported consolidated revenues of €583 million in Q1 2026, a 10% year-on-year increase. At the same time, adjusted EBITDA (excluding IFRS 16 impact) reached €161.2 million, up 15% compared to Q1 2025.

The telecommunications company surpassed 33 million revenue-generating units (RGUs) across its portfolio of mobile, broadband, Pay TV and fixed telephony services in Romania, Spain, Portugal and Italy, representing a 15% year-on-year growth.

"Q1 2026 marked a strong start to the year for Digi, with continued growth in revenues, EBITDA and RGUs," said Serghei Bulgac, CEO of Digi Communications. "We continued to expand our customer base across Spain, Romania, Portugal and Italy, surpassing 33 million user agreements at Group level. Mobile services remain the main growth engine of the Group, while broadband and Pay-TV also maintained a positive trajectory in our core markets."

The mobile segment generated 16.8 million RGUs, a 21% year-on-year increase, accounting for 51% of the company's overall clients across four markets. In Romania, mobile services reached 8.2 million RGUs, up 20% compared to Q1 2025, while broadband services increased 5% to 5.2 million RGUs. Spanish operations showed strong performance with 11.4 million RGUs, up 26% year-on-year.

During Q1 2026, Digi took initial steps to enter the UK telecommunications market through its subsidiary Fiber One Ltd., which acquired a 51% stake in Whyfibre Limited. The company also completed a bonus share issuance in April and proposed an 11% year-on-year increase in gross dividend to RON 0.5 per share.

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