t
On July 29, 2025, the Romanian Competition Council approved Hellenic Telecommunications Organization S.A.'s (OTE) disposal of Telekom Romania Mobile Communications (TKRM). This two-step transaction involves the sale of certain TKRM assets, including the prepaid customer business segment, certain spectrum rights, and part of the Tower portfolio, to Digi. Additionally, OTE's shares in TKRM (representing the entire share capital minus 7 shares held by S.N. Radiocommunicatii) will be sold to Vodafone Romania.
| Date | 29 Jul 2025 |
| Time | 08:43:00 |
| Category | Disposals |
| ID | 9766S |
Telekom Romania Mobile Communications Disposal approved by Romanian Competition Council
Athens, July 29, 2025 - Hellenic Telecommunications Organization S.A. ("OTE") announces that the Romanian Competition Council (RCC) approved the sale of Telekom Romania Mobile Communications ("TKRM"), in a two-step Transaction, involving:
· The sale of certain TKRM assets to Digi, including the prepaid customer business segment, certain spectrum rights, and part of the Tower portfolio.
· The sale of TKRM's shares (representing the entire TKRM's share capital minus 7 shares held by S.N. Radiocommunicatii) held by OTE, excluding the above assets, to Vodafone Romania.
The completion of the Transaction remains subject to the finalization of the relevant documentation among the parties, as well as the approval on certain matters by ANCOM (Romanian Telecom Regulator) and is expected to take place within the third quarter of 2025.
The announcement is issued as Regulated Information in accordance with the provisions of Law 3556/2007 [article 3, par. 1 (p), and article 21] and Regulation 596/2014 (article 17) of the European Parliament and of the Council on the abuse of the market.
FOR FURTHER INFORMATION:
OTE GROUP INVESTOR RELATIONS
Tel. +30 210-6118190, +30 210-6117364
E-mail: [email protected]