Vodafone and Digi sign MoU to acquire Telekom Romania Mobile
Tweet
Share
E-mail
A view of a signage outside a Vodafone mobile phone store in Liverpool, Britain, October 8, 2024. REUTERS/Phil Noble/ FIle Photo
LONDON (Reuters) - Mobile group Vodafone and Romania-based operator Digi said on Thursday they had signed a memorandum of understanding with Hellenic Telecommunications Organization to buy its subsidiary Telekom Romania Mobile (TKRM).
Vodafone said under the terms of the agreement it would buy TKRM and a significant proportion of its assets and Digi would also buy some assets.
The British company said talks remained at an early stage and there was no certainty that a deal would be agreed.
(Reporting by Paul Sandle; editing by James Davey)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Nvidia’s Huang says cybersecurity will be next major AI use case
- Target Hospitality closes secondary offering of 16.1M shares at $18.50
- Yarrow Bioscience prices $150M public offering at $26 per share
Create E-mail Alert Related Categories
ReutersRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
