Vodafone & Digi Romania Acquire Telekom Romania Assets in Split Deal for €30M

Vodafone Romania and Digi Romania have struck a deal to buy different portions of Telekom Romania Mobile Communications, with Vodafone acquiring the postpaid customer base and Digi taking on the prepaid operations. The combined arrangement is valued at about €30 million before standard closing adjustments, and includes transfer of spectrum and towers.

Vodafone's purchase of the postpaid business will allow it to absorb those customers into its existing portfolio, increasing scale and market share in the higher-ARPU postpaid segment. Digi's acquisition of the prepaid arm similarly furthers its reach among more price-sensitive, volume-driven users.

The deal also involves the transfer of mobile spectrum and physical tower infrastructure to support the acquired customers. This should help both Vodafone and Digi improve network capability and coverage in the affected areas.

This transaction is expected to close in early October 2025, concluding the implementation of a Memorandum of Understanding (MoU) that the parties signed in October of the previous year.

Margherita Della Valle, CEO of Vodafone Group, said the deal "strengthens our position in Romania, by increasing our local scale and unlocking significant synergy benefits," and aligns with Vodafone's strategy of investing in growing markets and delivering high-quality networks.

The move comes as Hellenic Telecommunications Organization (OTE), owner of Telekom Romania, seeks to divest these assets to focus more on its home market operations. Previously, OTE explored options with other investors, but negotiations had not resulted in a deal until now.

Analysts believe this split-asset approach lets both buyers play to their strengths: Vodafone with postpaid users and strong service agreements, Digi with flexibility in the prepaid market. The inclusion of spectrum and towers offers opportunities for more efficient operations and quicker integration. However, regulatory approvals and customer migration will be key execution risks.