DIGI became the property of 4iG
4iG Plc. three subsidiaries, following the completion on Monday of the transaction announced last March, amounting to EUR 625 million.
head of the telecommunications and media group. According to the expert, they are looking for closer cooperation opportunities with Hungarian and international media service companies, and in the short term they want to expand DIGI’s online program offer with exclusive content that would be available only to DIGI subscribers. “In addition, they plan to implement a new business philosophy within the group that will provide predictable and predictable collaboration for their strategic partners,” he said. Of course, with the change of ownership, the managers of the RCS & RDS media group will leave the management and supervisory boards of the company.
In addition to DIGI, Invitel Zrt. -TV Zrt. Also became 100% owned by the 4iG group. The aim of the new owner is to increase DIGI’s subscriber base among residential and business subscribers, and to expand the company’s network and services in Hungary. DIGI serves more than 1.1 million subscribers nationwide and has more than 2.5 million subscriptions (RGUs). Most of the networks operated by DIGI are based on advanced fiber optic technology. The number of employees of the DIGI Group in Hungary exceeds 2700.
As it is known, 4iG will contribute domestic and western assets to Antenna Hungária Zrt. Balkan telecommunications interests, giving 4iG a majority stake in AH. With the successful DIGI acquisition and the Antenna Hungária transaction, 4iG will become one of the largest telecommunications companies in Hungary and will establish a new regional telecommunications group headquartered in Budapest
Gellért Jászai, 4iG Plc. The President and CEO emphasized that the new telecommunications group will be born, the business portfolios of Invitech, DIGI, Antenna Hungária and AH NET, as well as the high-quality infrastructure and staff of the companies will complement each other excellently, which will set the group on a new growth path.
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