REG - Vodafone Group Plc - Vodafone to acquire Telekom Romania assets

VodafoneAnnouncement

19/09/2025 07:00

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RNS Number : 9679Z  Vodafone Group Plc  19 September 2025

19 September 2025

 Vodafone to acquire Telekom Romania assets

Vodafone Romania S.A. ("Vodafone") and Digi Romania S.A. ("Digi") have entered
into binding agreements with Hellenic Telecommunications Organization S.A.
("OTE") to acquire separate parts of OTE's subsidiary, Telekom Romania Mobile
Communications S.A. ("TKRM").

Vodafone will acquire TKRM and its post-paid customer base for €30 million
(before standard closing adjustments), while Digi has agreed to acquire its
pre-paid customer business. Both companies will also gain additional spectrum
and towers as part of the transaction.

Margherita Della Valle, Chief Executive of Vodafone Group, commented: "This
transaction strengthens our position in Romania, by increasing our local scale
and unlocking significant synergy benefits. It supports our strategy of
building strong positions in growing markets, which enables us to invest in
the high-quality networks our customers rely on."

This announcement concludes the successful implementation of the Memorandum of
Understanding signed between the parties and announced in October 2024.

Completion of the transaction is expected to take place in early October 2025.

- ends -

 For more information, please contact:
 Investor Relations:  i (https://investors.vodafone.com) nvestors.vodafone.com  ir@vodafone.co.uk (mailto:ir@vodafone.co.uk)  Media Relations:  Vodafone.com/media/contact (https://Vodafone.com/media/contact)  GroupMedia@vodafone.com (mailto:GroupMedia@vodafone.com)
                      (https://investors.vodafone.com)
 Registered Office: Vodafone House, The Connection, Newbury, Berkshire RG14
 2FN, England. Registered in England No. 1833679

About Vodafone

Vodafone is a leading European and African telecoms company.

We serve over 355 million mobile and broadband customers, operating networks
in 15 countries with investments in a further five and partners in over 40
more. Our undersea cables transport around a sixth of the world's internet
traffic, and we are developing a new direct-to-mobile satellite communications
service to connect areas without coverage. Vodafone runs one of the world's
largest IoT platforms, with over 215 million IoT connections, and we provide
financial services to around 92 million customers across seven African
countries - managing more transactions than any other provider.

From the seabed to the stars, Vodafone's purpose is to keep everyone
connected.

For more information, please visit www.vodafone.com
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