Digi Communications N.V. announces signing of the business and asset transfer agreement between DIGI Romania, Vodafone Romania, Telekom Romania Mobile Communications, and Hellenic Telecommunications Organization

(IN BRIEF) Digi Communications N.V. announced that DIGI Romania has signed an agreement with OTE, Vodafone Romania, and Telekom Romania Mobile Communications. Under the deal, DIGI will acquire spectrum licences, telecom towers, and TKRM’s prepaid mobile business for €40 million, while Vodafone will acquire OTE’s shares in TKRM. The transaction is expected to be completed by early October 2025. 

(PRESS RELEASE) BUCHAREST, Romania, 19-Sep-2025 — /EuropaWire/ — Digi Communications N.V. (“DIGI”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, announces signing of the business and asset transfer agreement between DIGI Romania, Vodafone Romania, Telekom Romania Mobile Communications, and Hellenic Telecommunications Organization.

The Company informs the market that DIGI Romania S.A. (“DIGI”) entered into the business and asset transfer agreement with Hellenic Telecommunications Organization S.A. (“OTE”), Vodafone Romania S.A. (“VF”) and Telekom Romania Mobile Communications S.A. (“TKRM”), as well as into other ancillary documents, having as subject matter a series of interdependent operations and transactions pursuant to which DIGI acquires certain assets including certain spectrum licences and telecommunications towers as well as the business of providing prepaid mobile telecommunications services from TKRM for an aggregate effective consideration of EUR 40 million, and VF acquires the shares held by OTE in TKRM (the “Transaction”).

The completion of the Transaction is anticipated to occur in early October 2025.

The Company will continue to inform investors in an appropriate manner and in accordance with the applicable legal requirements regarding the completion of the Transaction.

About Digi Communications N.V.

We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

Contacts:

Digi Communications NV
Phone no: +4031 400 6505
investor.relations@digi-communications.ro

Website:

Logo:

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Frequently Asked Questions (FAQs)

1. What agreement was signed by DIGI Romania?
DIGI Romania signed a business and asset transfer agreement with OTE, Vodafone Romania, and Telekom Romania Mobile Communications.

2. What assets will DIGI acquire?
DIGI will acquire spectrum licences, telecom towers, and the prepaid mobile business of Telekom Romania Mobile Communications.

3. What is the value of the transaction?
The deal is valued at €40 million.

4. What is Vodafone Romania’s role in the transaction?
Vodafone Romania will acquire OTE’s shares in Telekom Romania Mobile Communications.

5. When will the transaction be completed?
The transaction is expected to close in early October 2025.

6. How will investors be informed?
Digi Communications N.V. will continue to provide updates in line with legal and market requirements.

SOURCE: Digi Communications N.V.