British mobile group Vodafone and Romania-based operator Digi on Thursday announced a potential acquisition deal with Hellenic Telecommunications Organization to buy its subsidiary Telekom Romania Mobile (TKRM).
Vodafone said under the terms of the agreement outlined in a memorandum of understanding, it would buy TKRM and a significant proportion of its assets and Digi would also buy some assets.
While this move could expand Vodafone’s footprint in Eastern Europe, the deal is still in its early stages with no guarantee of finalization.
