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Industry: Email Alert RSS FeedTele2 AB completes divestment of Tele2 Luxembourg and Tele2 Lichtenstein
Telecomworldwire, August 8, 2008
TELECOMWORLDWIRE-8 August 2008-Tele2 AB completes divestment of Tele2 Luxembourg and Tele2 Lichtenstein(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
Swedish telecomms operator Tele2 AB (OMX: TEL2 A) (OMX: TEL2 B) said on Thursday (7 August) that it has completed the divestment of its subsidiaries Tele2 Luxembourg and Tele2 Lichtenstein to the Belgian operator Belgacom in a SEK2bn cash deal.
Tele2 Luxembourg and Tele2 Liechtenstein have a total of some 38,000 mobile customers, 10,000 fixed broadband customers and 26,000 fixed telephony customers, and achieved combined revenues of SEK1,158m in 2007.
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Tele2 said previously that the transaction will result in a gain of approximately SEK1bn.
((Comments on this story may be sent to tww.feedback@m2.com))
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