Law firm Filip & Company has assisted Digi Romania in the deal whereby the company acquired part of the activity and assets of Telekom Romania Mobile Communications.
Romania's Competition Council has conditionally approved the transactions through which Vodafone Romania S.A. intends to acquire Telekom Romania Mobile Communications S.A., and Digi Romania S.A. is set to acquire certain assets of the same company.
Florin Petolea, Chief Technology & Information Officer (CTIO) with Telekom Romania Mobile Communications since January 2023, has left the mobile telecom operator after a mandate of less than two years, the company said in an announcement.
Greek OTE Group announced that it finalized the acquisition of a 30% ownership stake in Telekom Romania Mobile Communications (TKRM), the former mobile telephony provider Cosmote Romania.
Telekom Romania Mobile Communications, the former mobile telephony operator Cosmote, reported net loss of RON647 million in 2020, up 139% from RON271 million in 2019, per finance ministry data.