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Vodafone and Digi Sign Mou to Buy Telekom Romania Mobile

Vodafone and Digi Sign MoU to Buy Telekom Romania Mobile

LONDON – On Thursday, Mobile group Vodafone (NASDAQ: VOD) and Romania-based operator Digi said they had signed a memorandum of understanding with Hellenic Telecommunications Organization to buy its subsidiary Telekom Romania Mobile (TKRM).

Under the terms of the agreement, Vodafone 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.

(Source: Reuters)