Digi finalises deal to sell Digi Hungary to 4iG for EUR 625 million

Tuesday 30 November 2021 | 17:14 CET | News
Digi Commmunications has finalised the deal to sell its Hungarian operations to Hungarian company 4iG for EUR 625 million. The preliminary agreement was annnounced in March, covering Digi Tavkozlesi Szolgaltato (Digi Hungary) and its subsidiaries Invitel, Digi Infrastruktura and I TV.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: General
Companies: 4iG / Digi / Fiberlink / Invitel / RCS & RDS
Countries: Hungary
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Magyar Telekom to stop sales of DTH service

Published 10 Jan 2022 10:30 CET | Hungary
Magyar Telekom will stop providing satellite TV services as of 21 January, according to local publication Hwsw.hu. The operator ...

Digi completes sale of Hungarian business to 4iG

Published 04 Jan 2022 09:14 CET | Hungary
Digi Communications said its Romanian subsidiary RCS&RDS successfully closed the sale of Digi Tavkozlesi Szolgaltato (Digi ...

4iG raises another HUF 85 bln in BGS bond issue

Published 28 Dec 2021 09:00 CET | Hungary
Hungar's 4iG offered HUF 85 billion of a 10-year bond issued in the framework of the Bond Funding for Growth Scheme (BGS) of the ...

4iG to acquire Albanian mobile operator One

Published 28 Dec 2021 08:59 CET | Albania
Hungary-based 4iG announced a final agreement to acquire Albanian One Telecommunications, the second-largest mobile operator in ...

4iG acquires majority stake in Albania's Albtelecom

Published 10 Dec 2021 11:29 CET | Albania
Hungary's 4iG has signed a final agreement to acquire 80.27 percent of Albanian operator Albtelecom, which owns a fibre network ...

Spacecom asks govt to explain defence concerns about 4iG deal

Published 08 Dec 2021 11:06 CET | Israel
Spacecom, the satellite services provider and owner-operator of the Amos satellite fleet, has asked the Ministry of ...

Digi Communications launches app for Digi Sport fans

Published 26 Nov 2021 11:16 CET | Romania
Romania's Digi Communications launched an app dedicated to fans of its Digi Sport channels. The app gives them permanent access ...

Digi Communications revenue up 13% to EUR 368 mln in Q3

Published 15 Nov 2021 09:05 CET | Romania
Digi Communications reported revenue (excluding intersegment revenue and other income) for the third quarter up 12.5 percent ...

Digi Hungary revenue down 2% in Q1

Published 18 May 2021 16:37 CET | Hungary
Digi saw its revenue for Hungary decrease 8 percent year-on-year in Q1 to EUR 48.1 million. The company said revenues were down ...

Digi plans exit from Hungarian market with sale to 4iG

Published 30 Mar 2021 10:05 CET | Hungary
Romania-based Digi Group announced a preliminary deal to sell its Hungarian business to local company 4iG for an undisclosed sum. ...