In 2005 Vodafone aquired Connex. Connex is a trademark of MobiFon SA, the company that launched the first GSM network in Romania, on April, 1997. The members of the consortium were: Telesystem International Wireless Services – Canada (62%), AirTouch Communications - U.S.A. (10%), Romanian Mail Company, Logic Telecom, Ana Electronic, ISAF SA, and Romanian Investment Fund – Romania (28%).
The structure of shareholders:
2000: Telesystem International Wireless Services (54.7%), Vodafone (20.1%), Romanian Mail Company (5%), RomGSM (14.4%), others (5.8%)

2003: Telesystem International Wireless Services (63.54%), Vodafone
(20.1%), Deraso Holding BV (14.4%), others (1.96%)

2004: Telesystem International Wireless Services (79%), Vodafone
(20.1%), Dargate Limited (0.9%)

2005: Vodafone (99.1%), Dargate Limited (0.9%).