REG - Hellenic Telecomms - OTE concludes the sale of TKRM

Hellenic Telecommunications Organization SAAnnouncement

01/10/2025 16:15

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RNS Number : 6959B  Hellenic Telecomms Organization S A  01 October 2025

 

 OTE concludes the sale of Telekom Romania Mobile Communications

Athens, October 1, 2025 - Hellenic Telecommunications Organization S.A.
("OTE") announces that the disposal of its 100% stake (minus 7 shares held by
S.N Radiocommunicatii) in Telekom Romania Mobile Communications ("TKRM") to
Vodafone Romania has been successfully completed today, combined with the
transfer to Digi Romania of TKRM's prepaid business, certain spectrum rights
and part of the tower portfolio. The combined enterprise value stood at
€70m.

The Net Consideration after adjustments at completion, such as net debt,
working capital and other costs & expenses/provisions reached
approximately €40mn, which will be distributed to shareholders.

OTE will announce the details of the extraordinary remuneration to its
shareholders at the Q3 results (November 13, 2025), subject to the required
approvals from the competent corporate bodies.

 

 

The announcement is issued as Regulated Information in accordance with the
provisions of Law 3556/2007 [article 3, par. 1 (p), and article 21] and
Regulation 596/2014 (article 17) of the European Parliament and of the Council
on the abuse of the market.

 

 

 

 

FOR FURTHER INFORMATION:

OTE GROUP INVESTOR RELATIONS

Tel. +30 210-6118190, +30 210-6117364

E-mail: iroffice@ote.gr (mailto:iroffice@ote.gr)

 

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