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Vodafone Romania S.A. and Digi Romania S.A. have entered into binding agreements with Hellenic Telecommunications Organization S.A. (OTE) to acquire separate parts of OTE's subsidiary, Telekom Romania Mobile Communications S.A. Vodafone will acquire TKRM and its post-paid customer base for €30 million, while Digi will acquire its pre-paid customer business; both companies will also gain additional spectrum and towers. This announcement concludes a Memorandum of Understanding signed in October 2024, with completion expected in early October 2025.
| Date | 19 Sept 2025 |
| Time | 07:00:15 |
| Category | Acquisitions and alliances |
| ID | 9679Z |
19 September 2025
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Vodafone to acquire Telekom Romania assets |
Vodafone Romania S.A. ("Vodafone") and Digi Romania S.A. ("Digi") have entered into binding agreements with Hellenic Telecommunications Organization S.A. ("OTE") to acquire separate parts of OTE's subsidiary, Telekom Romania Mobile Communications S.A. ("TKRM").
Vodafone will acquire TKRM and its post-paid customer base for €30 million (before standard closing adjustments), while Digi has agreed to acquire its pre-paid customer business. Both companies will also gain additional spectrum and towers as part of the transaction.
Margherita Della Valle, Chief Executive of Vodafone Group, commented: "This transaction strengthens our position in Romania, by increasing our local scale and unlocking significant synergy benefits. It supports our strategy of building strong positions in growing markets, which enables us to invest in the high-quality networks our customers rely on."
This announcement concludes the successful implementation of the Memorandum of Understanding signed between the parties and announced in October 2024.
Completion of the transaction is expected to take place in early October 2025.
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Registered Office: Vodafone House, The Connection, Newbury, Berkshire RG14 2FN, England. Registered in England No. 1833679 |
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About Vodafone
Vodafone is a leading European and African telecoms company.
We serve over 355 million mobile and broadband customers, operating networks in 15 countries with investments in a further five and partners in over 40 more. Our undersea cables transport around a sixth of the world's internet traffic, and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage. Vodafone runs one of the world's largest IoT platforms, with over 215 million IoT connections, and we provide financial services to around 92 million customers across seven African countries - managing more transactions than any other provider.
From the seabed to the stars, Vodafone's purpose is to keep everyone connected.
For more information, please visit www.vodafone.com follow us on X at @VodafoneGroup or connect with us on LinkedIn at www.linkedin.com/company/vodafone.