Vodafone’s Romanian, Czech cellco purchases finalised

1 Jun 2005

UK-based mobile giant Vodafone Group has completed the acquisition of Romania’s MobiFon and Czech-based Oskar Mobil. It acquired the two mobile operators via its wholly-owned subsidiary Vodafone International Holdings, which purchased 79% of the share capital of MobiFon to increase its direct and indirect stake to 99%, and 100% of Oskar. Canadian holding company TeleSystem International Wireless (TIW) agreed to sell both stakes to Vodafone in March this year for USD3.5 billion, with the condition that the UK company takes on USD950 million in existing debt. The deal gained EU approval earlier this month.

Czech Republic, Romania, Vodafone Romania, Vodafone Group, Vodafone Czech Republic,


Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate


Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.