[6-K] VODAFONE GROUP PUBLIC LTD CO Current Report (Foreign Issuer)
Vodafone will acquire the post-paid business of Telekom Romania Mobile Communications (TKRM) for €30 million, plus standard closing adjustments, and expects to complete the transaction in early October 2025. The deal transfers TKRM and its post-paid customer base to Vodafone while Digi Romania acquires TKRM's pre-paid business; both buyers also obtain additional spectrum and towers. Vodafone's CEO states the acquisition increases local scale and will deliver synergy benefits as part of its strategy to strengthen positions in growing markets.
Vodafone acquisterà l'attività post‑pagamento di Telekom Romania Mobile Communications (TKRM) per 30 milioni di euro, più gli adeguamenti di chiusura standard, e prevede di chiudere l'operazione all'inizio di ottobre 2025. L'accordo trasferisce TKRM e la sua base clienti post‑pagamento a Vodafone, mentre Digi Romania acquisisce l'attività prepagata di TKRM; entrambe le controparti otterranno anche spettro e torri aggiuntivi. Il CEO di Vodafone afferma che l'acquisizione aumenterà l'enorme scala locale e genererà sinergie nell'ambito della strategia volta a rafforzare la posizione sui mercati in crescita.
Vodafone adquirirá el negocio de pospago de Telekom Romania Mobile Communications (TKRM) por 30 millones de euros, más los ajustes de cierre habituales, y espera cerrar la operación a principios de octubre de 2025. El acuerdo traslada TKRM y su base de clientes de pospago a Vodafone, mientras Digi Romania adquiere el negocio de prepago de TKRM; ambas partes también obtienen espectro y torres adicionales. El CEO de Vodafone afirma que la adquisición aumentará la escala local y aportará sinergias dentro de su estrategia para fortalecer su posición en mercados en crecimiento.
Vodafone은 Telekom Romania Mobile Communications(TKRM)의 후불 사업을 3천만 유로에 인수하고, 표준 마감 조정액을 더하며, 2025년 10월 초에 거래를 마무리할 예정입니다. 거래로 TKRM과 그 후불 고객 기반이 Vodafone으로 넘어가고, Digi Romania은 TKRM의 선불 사업을 인수합니다; 양 당사자는 추가 스펙트럼과 타워도 확보합니다. Vodafone의 CEO는 이번 인수가 현지 규모를 확대하고 성장하는 시장에서의 입지를 강화하기 위한 시너지 효과를 제공할 것이라고 말합니다.
Vodafone va reprendre l'activité postpayée de Telekom Romania Mobile Communications (TKRM) pour 30 millions d'euros, avec les ajustements de clôture habituels, et devrait finaliser l'opération début octobre 2025. L'accord transfère TKRM et sa clientèle postpayée à Vodafone, tandis que Digi Romania rachète l'activité prépayée de TKRM; les deux acheteurs obtiennent également des spectres et des tours supplémentaires. Le PDG de Vodafone déclare que cette acquisition augmentera l'échelle locale et générera des synergies dans le cadre de sa stratégie visant à renforcer sa position sur les marchés en croissance.
Vodafone wird das Postpaid-Geschäft von Telekom Romania Mobile Communications (TKRM) für 30 Mio. Euro zuzüglich üblicher Closing-Anpassungen erwerben und erwartet, die Transaktion Anfang Oktober 2025 abzuschließen. Der Deal überträgt TKRM und dessen Postpaid-Kundenbasis an Vodafone, während Digi Romania das Prepaid-Geschäft von TKRM erwirbt; beide Käufer erhalten außerdem zusätzliches Spektrum und Türme. Der CEO von Vodafone erklärt, dass die Übernahme die lokale Größe erhöht und Synergien im Rahmen der Strategie zur Stärkung der Position in wachsenden Märkten liefern wird.
ستستحوذ فودافون على نشاط ما بعد الدفع لشركة Telekom Romania Mobile Communications (TKRM) مقابل 30 مليون يورو، بالإضافة إلى التعديلات القياسية للإغلاق، وتتوقع إتمام الصفقة في بداية أكتوبر 2025. ينتقل TKRM وقاعدة عملائه ما بعد الدفع إلى فودافون بينما تستحوذ Digi Romania على نشاط TKRM قبل الدفع؛ كما يحصل الطرفان المشتريان على ترددات وأبراج إضافية. يقول الرئيس التنفيذي لفودافون إن الاستحواذ سيزيد من الحجم المحلي وسيحقق وفورات تزامنية كجزء من استراتيجيتها لتعزيز موقعها في الأسواق النامية.
沃达丰将以3000万欧元收购Telekom Romania Mobile Communications (TKRM)的后付费业务，外加标准的收盘调整，并预计在2025年10月初完成交易。交易将TKRM及其后付费客户群转移给沃达丰，而Digi Romania则收购TKRM的预付费业务；双方买家还将获得额外的频谱和塔。沃达丰首席执行官表示，此次收购将提升本地规模，并在其增强增长市场地位的战略中带来协同效应。
- Acquisition announced of TKRM's post-paid business for €30 million (before standard closing adjustments)
- Additional spectrum and towers included, enhancing network assets and operational scale in Romania
- Transaction completes Memorandum of Understanding from October 2024, showing progress from negotiation to binding agreements
- Expected completion in early October 2025, providing a clear near-term timeline
- No quantified synergies disclosed despite management citing significant synergy benefits
- No financial details on expected revenue, costs, or financing of the transaction beyond the €30 million consideration
- Only the post-paid business consideration is specified; terms for spectrum, towers or other assets are not separately detailed in this filing
Insights
TL;DR: Vodafone buys TKRM's post-paid business for €30m, gaining spectrum and towers; deal closes early October 2025.
This is a focused asset purchase rather than a full-entity acquisition: Vodafone acquires TKRM and its post-paid customer base for a stated cash consideration of €30 million before adjustments. The transaction also transfers spectrum and towers, which may be strategically valuable beyond the headline price. The announcement confirms completion timing and that Digi acquires the pre-paid segment, indicating a carve-up of TKRM between two local operators. The memorandum of understanding from October 2024 has been executed into binding agreements.
TL;DR: Small cash payment reported but operational assets (spectrum, towers, customers) are the main value drivers; no financial impact disclosed.
Vodafone highlights increased local scale and expected synergies, but the filing provides no quantified synergy estimates and does not disclose financing, expected revenue or cost impacts, or pro forma customer and ARPU figures. The lack of disclosed financial metrics limits immediate assessment of the transaction's effect on Vodafone's financials or guidance. Completion is expected in early October 2025, allowing near-term operational integration planning.
Vodafone acquisterà l'attività post‑pagamento di Telekom Romania Mobile Communications (TKRM) per 30 milioni di euro, più gli adeguamenti di chiusura standard, e prevede di chiudere l'operazione all'inizio di ottobre 2025. L'accordo trasferisce TKRM e la sua base clienti post‑pagamento a Vodafone, mentre Digi Romania acquisisce l'attività prepagata di TKRM; entrambe le controparti otterranno anche spettro e torri aggiuntivi. Il CEO di Vodafone afferma che l'acquisizione aumenterà l'enorme scala locale e genererà sinergie nell'ambito della strategia volta a rafforzare la posizione sui mercati in crescita.
Vodafone adquirirá el negocio de pospago de Telekom Romania Mobile Communications (TKRM) por 30 millones de euros, más los ajustes de cierre habituales, y espera cerrar la operación a principios de octubre de 2025. El acuerdo traslada TKRM y su base de clientes de pospago a Vodafone, mientras Digi Romania adquiere el negocio de prepago de TKRM; ambas partes también obtienen espectro y torres adicionales. El CEO de Vodafone afirma que la adquisición aumentará la escala local y aportará sinergias dentro de su estrategia para fortalecer su posición en mercados en crecimiento.
Vodafone은 Telekom Romania Mobile Communications(TKRM)의 후불 사업을 3천만 유로에 인수하고, 표준 마감 조정액을 더하며, 2025년 10월 초에 거래를 마무리할 예정입니다. 거래로 TKRM과 그 후불 고객 기반이 Vodafone으로 넘어가고, Digi Romania은 TKRM의 선불 사업을 인수합니다; 양 당사자는 추가 스펙트럼과 타워도 확보합니다. Vodafone의 CEO는 이번 인수가 현지 규모를 확대하고 성장하는 시장에서의 입지를 강화하기 위한 시너지 효과를 제공할 것이라고 말합니다.
Vodafone va reprendre l'activité postpayée de Telekom Romania Mobile Communications (TKRM) pour 30 millions d'euros, avec les ajustements de clôture habituels, et devrait finaliser l'opération début octobre 2025. L'accord transfère TKRM et sa clientèle postpayée à Vodafone, tandis que Digi Romania rachète l'activité prépayée de TKRM; les deux acheteurs obtiennent également des spectres et des tours supplémentaires. Le PDG de Vodafone déclare que cette acquisition augmentera l'échelle locale et générera des synergies dans le cadre de sa stratégie visant à renforcer sa position sur les marchés en croissance.
Vodafone wird das Postpaid-Geschäft von Telekom Romania Mobile Communications (TKRM) für 30 Mio. Euro zuzüglich üblicher Closing-Anpassungen erwerben und erwartet, die Transaktion Anfang Oktober 2025 abzuschließen. Der Deal überträgt TKRM und dessen Postpaid-Kundenbasis an Vodafone, während Digi Romania das Prepaid-Geschäft von TKRM erwirbt; beide Käufer erhalten außerdem zusätzliches Spektrum und Türme. Der CEO von Vodafone erklärt, dass die Übernahme die lokale Größe erhöht und Synergien im Rahmen der Strategie zur Stärkung der Position in wachsenden Märkten liefern wird.
FAQ
What is Vodafone acquiring in Romania (VODPF)?
When is the TKRM transaction expected to close?
Who is acquiring TKRM's pre-paid business?
Does the filing disclose expected synergies or financial impact for Vodafone?
Was this transaction preceded by any prior agreement?
