Overview
- Executives say they are preparing a potential Spanish listing despite market volatility linked to the Middle East conflict, with no decision on timing.
- Digi and its banks have outlined a €150–200 million primary capital increase, with press reports suggesting a roughly €2.5 billion valuation that the company does not confirm and with any secondary tranche still unspecified.
- Leaders indicate any offering would float a minority stake with the parent retaining control, as the CEO dismisses exploring a sale to Telefónica.
- The Spain unit booked €929 million in revenue last year and expects to top €1 billion in 2026, reaching 13 million connected households and 7.4 million mobile lines after strong customer additions.
- Guidance points to €850–900 million of investment during 2027–2029 with about half for fiber, a profitability ambition near 30%, and a plan to reduce net debt to EBITDA to 1.5x from 2.8x at the end of 2025.