Tag Archives: Digi Communications NV

Final dismissal by the US Court of Digi Communications NV litigation in the US

BUCHAREST, Romania, 11-Jan-2021 — /EPR LAW NEWS/ — In connection with the claim brought by certain US citizens against the Company, RCS & RDS S.A., RCS Management S.A., DIGI Távközlési és Szolgáltató Kft, and its subsidiary, i-TV Digitális Távközlési Zrt. (the “Defendants”) in the United States District Court for the Eastern District of Virginia – Alexandria Division, which we have previously disclosed in our periodic reports, the Company would like to inform its investors and the market that, on 24 November 2020, the United States Court of Appeals for the Fourth Circuit issued an order granting the motion of the Plaintiffs Appellants to voluntarily dismiss the case with regards to i-TV Digitális Távközlési Zrt (the last remaining Defendant in this case).

All claims by all Plaintiffs in the matter have now been rejected and dismissed by the district court, and all potential appeal claims as to those dismissals have been rejected or dismissed at the appellate court. Plaintiffs are time-barred from any attempt to resurrect the claims, the statute of limitations on each claim for each Plaintiff having expired. The case file has been closed at the district court, and the judgment in favor of Defendants is a final judgment.

The Company welcomes this much awaited final solution regarding the US litigation.

SOURCE: EuropaWire

DIGI Communications N.V. will challenge NMHH’s decision, by all means, according to the Hungarian and European law

BUCHAREST, Romania, 13-Sep-2019 — /EPR LAW NEWS/ — The Company (DIGI Communications N.V.) would like to inform its investors and the market on the decision of rejection issued on September 13 by the Hungarian National Media and Infocommunications Authority (NMHH), in respect to the participation of the Company in the tender related to wireless broadband services supporting the introduction of 5G in Hungary. The Company took part in this procedure in order to develop the mobile communications activity on the Hungarian market.

The Company considers NMHH’s decision unfair and without legal grounds. In our view, NMHH decision exceeds the provisions of the tender documentation and is based on assumptions and future projections instead of facts and documented analyses. This decision continues a list of other unfavorable and controversial resolutions taken by NMHH in the past, related to Digi Group companies during previous radiofrequencies tenders.

The Company will challenge this decision, by all means, according to the Hungarian and European law. The Group is determined to continue the execution of its projects on Hungarian market in the best interest of its customers.

SOURCE: EuropaWire

Digi Communications NV: legal acts in accordance with law 24/2017 (Article 82) and FSA Regulation no. 5/2018 for September 2018 made publicly available on the Romanian Stock Exchange (“BVB”)

BUCHAREST, Romania, 15-Oct-2018 — /EPR LAW NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on October 15, 2018 the Company submitted a current report according to the requirements of Law 24/2017 (Article 82) and FSA Regulation no. 5/2018 for September 2018 to the Romanian Stock Exchange (“BVB”). The Report is also available on the Company’s website.

For details regarding the reports, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section).

SOURCE: EuropaWire