Vodafone Expands in Eastern Europe with $32M Telekom Romania Buy

Vodafone Romania has signed a binding agreement to acquire key assets of Telekom Romania Mobile Communications from Greek telecom group OTE and Deutsche Telekom, in a joint €70 million ($75M) transaction with Digi Romania.

Digi Romania is the Romanian branch of Digi Communications N.V., a publicly listed telecom group headquartered in Bucharest, with its statutory seat in the Netherlands. Founded in 1994, Digi is one of Romania’s largest telecom operators and has expanded operations across Spain, Italy, Portugal, and Belgium.

Deal Breakdown

• Vodafone’s Share: €30 million (~$32M) for postpaid customers, retail network, business clients, and infrastructure.
• Digi’s Share: €40 million (~$43M) for prepaid services, spectrum licenses, towers, and related equipment.
• Completion Timeline: Early October 2025
• Regulatory Approval: Cleared by Romania’s Competition Council in July

Strategic Impact

• Vodafone strengthens its local footprint, adding ~2 million customers to its existing 6.3 million base.
• Romania’s mobile market consolidates to three major players: Vodafone, Digi, and Orange.
• OTE gains tax exemptions worth over €100 million and future cash flow savings.

Financial Summary

Buyer	Assets Acquired	Value
Vodafone	Postpaid customers, retail, infrastructure	€30M (~$32M)
Digi	Prepaid services, spectrum, towers	€40M (~$43M)

Executive Commentary

“This transaction strengthens our position in Romania by increasing our local scale and unlocking significant synergy benefits.” — Margherita Della Valle, CEO of Vodafone Group