Vodafone joins Digi in taking over mobile arm of Greek OTE in Romania

Romanian telecom group Digi Communications (BVB: DIGI) announced that, following the decision of the local businessman Adrian Tomșa to withdraw from the initial transaction, it entered into a memorandum of understanding (MoU) with Hellenic Telecommunications Organization(OTE) and Vodafone Romania having as subject matter the OTE divestment from its local mobile arm Telekom Romania Mobile Communications (TKRM).

This is the third version of the TKRM divestment operation after OTE announced last November that Tomșa would take over its Romanian mobile arm. First, Digi joined Tomsa in the deal in May. Now, Tomșa is replaced by Vodafone.