Vodafone and Digi complete Telekom Romania mobile acquisition

Business Forum
Vodafone Romania has completed the acquisition of Telekom Romania Mobile Communications. This deal sees Vodafone taking control of the majority of Telekom Romania's operations, including its employees, postpaid and business customers, retail network, and most of its network infrastructure.

The acquisition, valued at €30 million, is a significant milestone for the Romanian telecommunications industry, aimed at consolidating the market to enable innovation and substantial future investments. 

Vodafone stated that this transaction complements its previous investments of over €6.5 billion in Romania over the past 28 years.

As part of the same transaction, Digi Romania acquired Telekom Romania Mobile Communications' prepaid business, along with certain assets including spectrum licenses and telecommunication towers.

Nedim Baytorun, CEO of Vodafone Romania, said: "Today, Vodafone and Telekom join forces to develop a mobile network of the highest standards, to offer a better experience and access to the latest technologies for families and businesses in Romania."

Serghei Bulgac, CEO of Digi Romania, added: "We welcome Telekom prepaid clients to the DIGI network, the network with the best coverage in Romania, and we will strive to provide them with high-quality services at competitive prices. The transaction is part of our strategic development plan, through which we continually invest in the network and advanced technology to offer all users high-performance connectivity."

The two entities will operate as separate legal entities until a full legal merger, estimated for early 2026.

RECOMMENDED
Digi Communications reports 10% revenue growth in Q1 2026
Industry

Digi Communications reports 10% revenue growth in Q1 2026

Digi Communications reported consolidated revenues of €583 million in Q1 2026, a 10% year-on-year increase. At the same time, adjusted EBITDA (excluding IFRS 16 impact) reached €161.2 million, up 15% compared to Q1 2025.

Digi Communications reports 16% revenue growth on nine months
Industry

Digi Communications reports 16% revenue growth on nine months

Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.

RECOMMENDED FROM THE HOME PAGE
Electrica secures grid permits for 700 MWh of storage
Energy

Electrica secures grid permits for 700 MWh of storage

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.

Energy

Romanian grid operator to support peak power consumption during heatwave

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.