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Filip & Company Advises Digi Spain Telecom and RCS & RDS on Acquisition of Licenses from Xfera Moviles

Filip & Company Advises Digi Spain Telecom and RCS & RDS on Acquisition of Licenses from Xfera Moviles

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Filip & Company has advised Digi Spain Telecom and RCS & RDS on the acquisition of a package of spectrum licenses for the private use of the radioelectric public domain related to certain sets of blocks of frequencies in the 1,800 MHz, 2,100 MHz, and 3,500 MHz bands from Xfera Moviles, part of MasMovil Group in Spain.

According to Filip & Company, the value of the agreement was EUR 120 million, including a EUR 20 million conditional component.

Digi Spain Telecom is a telecommunications operator that began its activity in Spain in 2008. RCS & RDS is a Romanian telecommunications holding company that operates as Digi Communications. It was founded in 1994 and listed on the Bucharest Stock Exchange in 2017. 

The MasMovil Group is a telecommunications operator in Spain.

The Filip & Company team included Partner Alexandru Birsan, Senior Associate Andreea Banica, and Associate Anca Badescu.

Filip & Company did not respond to our inquiry on the matter.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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