0
General

Peer valuation puts DT price for Tele2 Netherlands at EUR 1.1 billion

Wednesday 20 December 2017 | 11:02 CET | Author: Tim Poulus | Background
Deutsche Telekom did not put a value on T-Mobile and Tele2 Netherlands in their recently announced joint venture agreement. However, using the valuations of two listed peers - Orange Belgium and Telefonica Deutschland, we estimate the 'new' T-Mobile Netherlands is worth around EUR 4.0 billion, excluding external debt. Although a very speculative estimate, it allows us to conclude that Tele2 is getting in total EUR 1.13 billion for its assets in the Netherlands, of which EUR 940 million in shares in the new, merged company and EUR 190 million in cash. Or put differently, EUR 880 million for

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Deutsche Telekom / Tele2 Netherlands / Telefonica Deutschland / T-Mobile Netherlands
Countries: Netherlands
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Deutsche Telekom may need to accept a lower price to shift T-Mobile Netherlands

Published 11 Jan 2021 17:22 CET | Netherlands
Deutsche Telekom has reportedly restarted the search for a buyer of its Dutch subsidiary, T-Mobile Netherlands. Dutch paper Het ...

The future of Dutch telecoms: Tele2 as an operator or a sub-brand of T-Mobile

Published 21 Nov 2018 16:13 CET | Netherlands
The European Commission can approve or block the proposed merger of T-Mobile and Tele2 Netherlands, but whatever the case, the ...

T-Mobile NL headed for merger approval with Tele2, with remedies or guarantees

Published 28 Aug 2018 13:57 CET | Netherlands
T-Mobile Netherlands has made a number of promises regarding its proposed takeover of Tele2 in order to gain approval from ...

Tele2/T-Mobile merger's regulatory approval may follow German model

Published 15 Jan 2018 13:06 CET | Netherlands
The plan to merge Deutsche Telekom and Tele2's activities in the Netherlands raises again the regulatory question of how many ...

Focus Tele2 op Baltisch gebied neemt toe, loopt vooruit op convergentie in Zweden

Published 10 Jan 2018 13:33 CET | Sweden
Tele2 neemt Com Hem over. Het gaat om de hele Tele2 Groep en het Zweedse kabelbedrijf, dat een bevolkingsdekking heeft van 60 ...

Tele2 to acquire Com Hem to form Sweden's second-largest operator

Published 10 Jan 2018 09:52 CET | Sweden
Tele2 Group and Com Hem Holding said they are merging to create Sweden's second largest mobile telephony and fixed broadband ...

'Peer' waardering: DT koopt Tele2 NL voor 1,1 miljard

Published 20 Dec 2017 08:45 CET | Netherlands
Deutsche Telekom doet geen uitspraken over de waardering van het pro forma fusieproduct van T-Mobile NL en Tele2 NL. We kunnen er ...

T-Mobile suggests it won't shy from using price as weapon to compete on Dutch multi-play market

Published 18 Dec 2017 11:32 CET | Netherlands
T-Mobile Netherlands is buying Tele2 NL in order to create a strong number-three in the Dutch market to go up against the ...

T-Mobile/Tele2 Dutch JV will be big in mobile, small in fixed - study

Published 15 Dec 2017 15:14 CET | Netherlands
The new joint venture will boast a total of 5.5 million Sim cards (including MVNOs). This will translate into a market share of ...

T-Mobile buys Tele2 Netherlands

Published 15 Dec 2017 07:57 CET | Netherlands
Deutsche Telekom's T-Mobile and the Tele2 Group have bundled their activities in the Netherlands into a joint venture. Deutsche ...

T-Mobile, Tele2 merger in Netherlands no-brainer for scale benefits, as spectrum licence window opens ahead of 5G auction

Published 16 Nov 2017 16:28 CET | Netherlands
Deutsche Telekom is considering merging its Dutch business T-Mobile Netherlands with Tele2's local unit or listing the company on ...





Calendar   /   Industry Events

20 Apr Grameenphone Q1 2021
20 Apr Netflix Q1 2021
20 Apr Atos Q1 2021
20 Apr Iridium Communications Q1 2021
20 Apr Apple 'Spring Loaded' event
21 Apr Elisa Q1 2021
21 Apr HKBN H1 results
21 Apr Crown Castle Q1 2021
21 Apr Netgear Q1 2021
21 Apr Orange Belgium Q1 2021
21 Apr Verizon Q1 2021
21 Apr Rogers Communications Q1 2021
21 Apr Comcast Q1 2021
21 Apr Ericsson Q1 2021
21 Apr Vivendi Q1 2021
21 Apr Proximus AGM
22 Apr Tele2 Q1 2021
22 Apr AT&T Q1 2021
22 Apr Orange Q1 2021
22 Apr VeriSign Q1 2021
22 Apr Nordic Entertainment (NENT) Q1
22 Apr Intel Q1 2021
22 Apr Snap Q1 2021
22 Apr FCC meeting
23 Apr Telia Q1 2021
25 Apr Vodafone Qatar Q1 2021
26 Apr SBA Communications Q1 2021
27 Apr A10 Networks Q1 2021
27 Apr AudioCodes Q1 2021
27 Apr Mediaset FY results
::: More Calendar Items