Tele2


Tele2 and T-Mobile complete Dutch merger

Nordic cable and telecom operator Tele2 and Deutsche Telekom have completed the merger of their Dutch operations. The combination of the pair’s Dutch assets will see Tele2 Netherlands absorbed by T-Mobile. The completion of the deal follows European Commission regulatory approval at the end of November following an in-depth analysis that earlier had raised concerns […]

Tele2 secures loan to finance Com Hem takeover

Swedish telco Tele2 has secured a SEK2 billion (€200 million) loan from the Nordic Investment Bank (NIB) to finance its merger with cable operator Com Hem. Tele2 said that the additional funding from NIB would extend its maturity profile and achieve further diversification of its funding. This will include a cancellation of Tele2’s existing loan […]

Confirmed: EU approves Deutsche Telekom-Tele2 deal in the Netherlands

The European Commission has unconditionally approved Deutsche Telekom’s acquisition of Tele2 in the Netherlands, concluding that the merger raises no competition concerns. The deal will see the Netherlands’ third largest mobile operator, T-Mobile Netherlands, merge with fourth-place provider Tele2, creating a company that will remain the third-largest player on the Dutch market after KPN and […]

Report: Deutsche Telekom-Tele2 deal to get EU approval

The EU is set to green-light Deutsche Telekom’s acquisition of Tele2 in the Netherlands, according to a Reuters report. Citing sources familiar with the matter, Reuters said the deal is due to get unconditional anti-trust approval, following a European Commission investigation into the deal. In its preliminary analysis the EC raised competition concerns about the […]

Tele2 promotes Hagberg to head up Com Hem integration

Tele2 , the new owner of Swedish cable operator Com Hem, has named Kim Hagberg as EVP and chief of operations. Hagberg, who has played a key role in planning and managing the integration of Tele2 and Com Hem’s businesses, was previously director of product management at Tele2. In her new role she will report […]

Tele2-Com Hem deal closes

Swedish telco Tele2 has completed its takeover of local cable operator Com Hem, with all of Com Hem holding’s assets and liabilities transferred to Tele2. The merged entity will maintain the company name Tele2 and will continue to have its registered office in Stockholm, Sweden. Com Hem’s CEO Anders Nilsson takes up his new role […]

Final greenlight granted for Tele2 acquisition of Com Hem

The Swedish Companies Registration Office – the Bolagsverket – has greenlit the planned merger between mobile operator Tele2 and cable operator Com Hem. The Bolagsverket is expected to register the merger on November 5, after which Com Hem Holding will be dissolved and all its assets and liabilities will be transferred to Tele2. Com Hem […]

Com Hem reports last quarterly results before Tele2 merger

In its last earnings announcement before its Tele2 merger, Com Hem reported modest TV customer gains and said that high-end set-top box uptake now accounts for 42% of its digital TV base. Announcing its third quarter results, Com Hem said that digital TV customers (revenue generating units or RGUs) increased by 1,000 to 655,000. The […]

Tele2-Com Hem deal due to close next month following EC approval

Com Hem has applied to delist its shares from Nasdaq Stockholm after the European Commission approved Swedish telco Tele2’s takeover of the cable operator. Com Hem said it expects the Tele2 deal to close on November 5, 2018, after the EC approved the merger unconditionally. Com Hem’s last day of trading is tentatively expected to […]

Telekom ‘surprised’ by EC objections to Tele2 merger

Deutsche Telekom has expressed surprise after the European Commission addressed a statement of objections to its proposed Dutch merger with Tele2 as part of its ongoing in-depth investigation into the deal. In its preliminary analysis the Commission raised competition concerns about the effect of the merger on the mobile retail market, notably in the residential […]