The transactions, expected to close in early October, will see Vodafone take over TKRM's postpaid and business segments, including employees, the retail network, and network infrastructure. The value of the assets Vodafone is acquiring is €30 million.
In a parallel and interdependent deal, DIGI Romania has acquired certain assets from TKRM, including specific spectrum licenses, telecommunications towers, and the entire prepaid mobile services business, for €40 million.
Digi Communications has announced that its Romanian subsidiary, Digi Romania, successfully priced an offering of senior secured notes.
Digi Communications has announced a major refinancing move through its Romanian subsidiary, Digi Romania.
Vodafone Romania has completed the acquisition of Telekom Romania Mobile Communications.
The Romanian Competition Council has conditionally approved the acquisition of Telekom Romania Mobile Communications by Vodafone Romania and Digi Romania, with companies now set to finalize the binding terms of the transaction.
Vodafone Romania, in partnership with the National University of Science and Technology Politehnica Bucharest and Fifth Ingenium, has started the implementation of the 5G-ENRICH project.
Public telecom company Digi Communications has secured substantial financing facilities to bolster its operations.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).
