Digi Romania secures €40 million deal to acquire spectrum, towers and prepaid services in partnership with Vodafone, OTE and Telekom Romania Mobile

Digi Communications deepens European telecom footprint as Romania deal with Vodafone and OTE nears completion

• DIGI Romania has signed a €40 million agreement with Vodafone Romania, OTE, and Telekom Romania Mobile to acquire spectrum licences, telecom towers, and prepaid mobile services.
• Vodafone Romania will acquire OTE’s shares in Telekom Romania Mobile, strengthening its position in the Romanian telecom market.
• The transaction has received conditional approval from Romania’s Competition Council and clearance from CEISD, with final approval from ANCOM pending.
• Completion of the transaction is expected in October 2025, following a process initiated in May 2024.
• The agreement supports Digi’s broader European strategy, reinforcing its operations in Romania, Spain, Italy, Portugal, and Belgium.

(NEWS) BUCHAREST, Romania, 19-Sep-2025 — /EuropaWire/ — Digi Communications N.V., a European leader in geographically-focused telecommunication solutions, has announced via a press release on EuropaWire a major step in strengthening its Romanian operations, with its subsidiary DIGI Romania (formerly RCS & RDS S.A.) signing a €40 million business and asset transfer agreement involving Vodafone Romania, Hellenic Telecommunications Organization (OTE), and Telekom Romania Mobile Communications (TKRM).

The deal sets out that DIGI will acquire spectrum licences, telecommunications towers, and TKRM’s prepaid mobile business, while Vodafone Romania will take over OTE’s shares in TKRM, reinforcing its stake in the Romanian telecom market. The transaction is expected to close in early October 2025, pending final regulatory clearance.

This agreement marks the culmination of a process that began more than a year earlier. On May 27, 2024, Digi Romania signed a preliminary agreement with OTE to acquire nearly all shares in Telekom Romania Mobile through its investment vehicle West Network Invest S.R.L., alongside Clever Media group. That plan envisioned TKRM continuing to operate independently in the market, subject to due diligence and regulatory approval.

By October 31, 2024, the parties had advanced to a memorandum of understanding between DIGI Romania, OTE, and Vodafone Romania. The MoU outlined that DIGI would acquire specific TKRM assets, while Vodafone would indirectly acquire OTE’s shares in the mobile operator, laying the groundwork for the current deal.

On July 28, 2025, Digi Communications confirmed that Romania’s Competition Council had conditionally approved the acquisition, requiring DIGI to integrate the newly acquired spectrum and prepaid services, enhance internet speeds along major highways, and update its MVNO offering. Vodafone also accepted obligations as part of the approval. Earlier, the Commission for Review of Foreign Direct Investments (CEISD) had already granted clearance, while the company awaited ANCOM’s final approval and settlement of remaining terms.

With those conditions addressed, Digi’s announcement of the €40 million transaction now formalizes the commitments made in the MoU. The agreement is expected to reshape Romania’s telecom landscape by redistributing key assets and services among three of its leading players. With demand for mobile connectivity and 5G expansion rising, spectrum and tower infrastructure are regarded as critical assets for growth.

Digi, a leading provider of telecommunications services in Romania and Spain with additional operations in Italy, Portugal, and Belgium, stressed that the acquisition highlights its long-term commitment to investing in telecom infrastructure across Europe. The company also reiterated its intention to continue informing investors in accordance with legal and market requirements as the transaction approaches its expected October 2025 closing.