Vodafone and Digi sign MoU to acquire Telekom Romania Mobile

Reuters10-31

LONDON, Oct 31 (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)

((paul.sandle@thomsonreuters.com; +44 20 7542 6843; Reuters Messaging: paul.sandle.thomsonreuters.com@reuters.net))

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