Announced

Completed

Digi and Vodafone Romania completed the acquisition of TRMC from OTE for RON100m.

Synopsis

Digi, a telecom holding company, and Vodafone Romania, a subsidiary of Vodafone Group, providing mobile telephony and telecommunications services, completed the acquisition of TRMC, a Romanian mobile network operator, from OTE, a telecom operator in Greece, for RON100m. ”This is an important moment for the Romanian telecommunications market – and when completed, this transaction would contribute to it growing even stronger. Since I took over as CEO of Vodafone Romania, I have always stated that the market needs consolidation to ensure the needed investment intensity and innovation for Romania to lead in the 5G era," Achilleas Kanaris, Vodafone Romania CEO.

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