RCS & RDS. The UNEXPECTED message regarding Customers from Romania

RCS & RDS. The unexpected message regarding Romanian customers shows us that Digi is a strong company, and thanks to this it will prepare big changes in the future.

RCS & RDS. The UNEXPECTED message regarding Customers from Romania

RCS & RDS. It continues to amaze in 2019 from all points of view, the Romanian company having an excellent track record, something that probably not everyone expected to see from it. In S1 2019, those from RCS & RDS registered an 18% increase in revenues from the services they offer for Romanian clients, reaching 575 million euros, so they should easily pass 1 billion for 2019.

RCS & RDS. In Romania, the company has 15.5 million revenue-generating units, but we are not talking about unique customers, but about contracts, or any other unique source of income for the services that the operator offers. Fixed internet and cable television services generated the largest increase in RCS & RDS revenues in the first 6 months of 2019, a sign that people are choosing what the operator offers in these two important segments.

RCS & RDS. The UNEXPECTED message regarding Customers from Romania

RCS & RDS. These revenues cover all the company's businesses, including those outside Romania, so we are talking about a positive evolution in all the markets in which the group operates, which was still to be expected. The biggest increases were still recorded in Romania, and this is because RCS & RDS has here the vast majority of the services it offers, but it is expanding very quickly, including in the other countries where it has been active for several years.

"Digi Communications NV announces a 25% increase in EBITDA in the first half of 2019 compared to the first half of 2018. EUR 575 million consolidated revenues at Group level in the first half of 2019 (+ 18% compared to the first half of 2018) . 15,5 million revenue generating units (RGU), all services (+7% as of June 30, 2019 vs. June 30, 2018). EUR 199 million adjusted EBITDA (cumulative over the first 6 months of 2019), up 25% compared to the same period of 2018. In Romania, the main growth vectors in the first semester of 2019 compared to the first semester of 2018 are: fixed internet (+10,6% RGU) and cable TV services (+9.5% RGU)."

RCS & RDS. Last year, for the first time, the company exceeded the threshold of 1 billion euros for the revenues generated by the services it offers, and in 2019 the same thing is expected to happen. The number of clients seems to be continuously increasing for those from RCS & RDS, and this gives them the motivation to invest more and more to expand their network in Romania as much as possible, which is good for us .

RCS & RDS. That being said, the Digi-owned group continues to be on an upward trend across the board, and that won't change any time soon for them.