19 sep 25   vodafone group plc - vodafone to acquire telekom romania assets vodafone group public limited company | vod | 85.0 -1.1 (-1.3%) | mkt cap: 20,431m    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: investors.vodafone.com ir@vodafone.co.uk media relations: vodafone.com/media/contact groupmedia@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 follow us on x at @vodafonegroup or connect with us on linkedin at www.linkedin.com/company/vodafone.        this information is provided by rns, the news service of the london stock exchange. rns is approved by the financial conduct authority to act as a primary information provider in the united kingdom. terms and conditions relating to the use and distribution of this information may apply. for further information, please contact rns@lseg.com or visit www.rns.com.  rns may use your ip address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. for further information about how rns and the london stock exchange use the personal data you provide us, please see our privacy policy.   end   acqlpmbtmtjbtia return to news summary

Label: Neutral