In Q1 2026, Digi reported consolidated revenues of EUR 593 million (EUR 583 million excluding extraordinary asset sales), up 10% year-on-year, with adjusted EBITDA rising 15% year-on-year to EUR 161.2 million. Mobile services remain the company's main growth engine, while broadband and Pay-TV maintained positive momentum, with Romania and Spain anchoring performance and Portugal and Italy representing important emerging markets.
Cyborg Score Rationale
The company is executing strong double-digit revenue growth exceeding 10% in 2026, driven by volume increases particularly in Spain, with expected group adjusted EBITDA growth in the mid-teens. Recent UK market entry through Whyfibre demonstrates strategic ambition to strengthen European footprint. Elevated leverage (net debt ~€1.9B) and net losses in recent quarters present financial headwinds.
(April 2026) Bonus share issuance completed after shareholder approval; 11% dividend increase proposed for June 2026 General Meeting demonstrating confidence in cash generation
(May 2026) Mobile services achieved 20% YoY customer growth in Romania (8.2M RGUs) and 22% growth in Spain (7.6M RGUs), becoming dominant growth driver
(May 2026) UK market entry initiated through 51% stake in Whyfibre Limited to deploy fiber broadband in southern England, marking European expansion beyond five established markets
Named Competitors
T-Mobile/T-Home — Integrated European telecom operator with mobile and fixed services
Vodafone — Pan-European mobile and fixed telecom services
Orange — Major European integrated telecom operator with convergent services
Virgin Media O2 — UK and European broadband, TV and mobile services
BT Group — UK broadband, TV, phone and mobile services