The results of the Romanian telecommunications operator Digi presented to the market this Tuesday demonstrate the power of its growth in Spain, although its volume is still far from the current market leaders.
In the first nine months of the year, the company earned 465.7 million euros in Spain, 30.6% more than in the same period of 2022, which represents 37.5% of the group’s total income and already has exceeded six million customers.
Between July and September alone, revenue was 166 million euros and gross profit exceeded 36 million in that period and totaled 92 million since the beginning of the year, which represents 92% and 82% growth respectively.
Amounts that are very far from the first four operators, but that consolidate it as the fifth operator in the market once it has already surpassed 6.1 million total clients.
It is the result of the aggressive pricing campaign deployed by the operator, which refused to follow the trend of large companies of increasing prices with the rise in inflation last summer.
Added to this increase in activity and customers is a significant investment effort in the development of its own network infrastructure of 71 million euros in the third quarter and more than 231 million euros in the first nine months of the year.
“The increase in revenue generated by our operations in Spain was due to the increase in mobile telecommunications services and fixed data and Internet RGUs (revenue generating units) in the period, driven mainly by our attractive offers,” the company itself acknowledges in the statement issued.
Digi expects its growth to skyrocket if, as all bets indicate, it is one of the companies that will benefit from the assets that Orange and MásMóvil will be forced to get rid of to get the competition authorities to approve their merger. .
