Spain’s Telefonica reportedly ponders taking over Romanian peer Digi
Spanish company Telefónica is considering the acquisition of Digi Communications (BVB: DIGI) of Romania, active at home but also on the markets of Italy and Spain, in a deal that could significantly change the European telecommunications…
iulian ernst · Journalist
· Updated · 2 min read
Spanish company Telefónica is considering the acquisition of Digi Communications (BVB: DIGI) of Romania, active at home but also on the markets of Italy and Spain, in a deal that could significantly change the European telecommunications market, according to Ziarul Financiar, citing Spanish publications Mundo Plus and El Economista.
The integration of the Romanian operator could help the company regain its leading position in the domestic market, lost after the merger between Orange and MásMóvil, and also consolidate its expansion outside Spain.
