Belgian telecom operator Digi Belgium is not experiencing a “liquidity crisis,” said Serghei Bulgac, CEO of Romanian parent company Digi Communications, on Friday.
On Thursday, Het Laatste Nieuws reported that several members of Digi Belgium’s management had been dismissed with immediate effect. The newspaper also claimed that subscription revenues for Belgium’s fourth telecom operator were below expectations, it was not receiving sufficient funds from Romania, and was unable to pay its bills.
However, the Romanian parent company declined to disclose the number of customers acquired in Belgium since the operator’s launch on 11 December.
“We are not ready to provide figures yet,” said Bulgac, emphasising that the company is still in its early stages but rejected claims that Digi Belgium’s results were below forecasts. “We are satisfied with the rollout so far,” he asserted.
Bulgac acknowledged that “some things could have been done better” and explained that the reshuffle in Belgian management was necessary to streamline the company’s direction for rapid construction of fixed and mobile networks. “There is no liquidity crisis at Digi or Digi Belgium.”
He added that the company, being new in Belgium, would “refocus its efforts as needed” to develop efficient networks.
On Thursday, the Belgian branch stated it was “doing everything possible to pay its suppliers on time”.
