Romanian telco operator Digi is paving the way for becoming the fourth largest operator in Spain following its latest agreement with the global investment group Abrdn to invest €300 million in the FTTH deployment in Andalusia, south of Spain, covering up to 2.5 million homes.  The operator already reaches 1 million homes in Andalusia.

Digi is now the fifth largest operator in the country and is eyeing fourth spot when the Orange-MásMóvil merger is completed. Currently Digi has 4.9 million customers, out of which 843,000 are FTTH customers, and plans to pass 6.8 million with optic fibre. With annual revenues of €500 million, the company has a 4 per cent of market share that may grow up to 12 per cent in less than five years, according to market figures.

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Categories: Articles, Broadband, Business, FTTH, Funding

Tags: Digi, FTTH, spain