Tele2 AB acquires Tiscali Denmark A/S

Telecomworldwire, Feb 1, 2005

TELECOMWORLDWIRE-1 February 2005-Tele2 AB acquires Tiscali Denmark A/S(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com

The Sweden-based pan-European telecommunications company Tele2 AB said on Tuesday (1 February) that it had acquired the Italian telecomms operator Tiscali's Danish subsidiary Tiscali Denmark A/S.

The acquisition was valued at EUR20.7m on debt-free basis.

Tiscali Denmark A/S has some 26,000 ADSL customers and more than 50,000 dial-up Internet customers. The acquisition also includes an extensive ADSL network, reaching over 65% of Danish households.

((Comments on this story may be sent to tww.feedback@m2.com))

COPYRIGHT 2005 M2 Communications Ltd.
COPYRIGHT 2005 Gale Group
 

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