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General

Tele2 increases focus on Baltic area, takes first step for convergence in Swedish market

Wednesday 10 January 2018 | 14:35 CET | Author: Tim Poulus | Background
Tele2 has agreed to acquire Com Hem, a Swedish cable operator covering 60 percent of the population. After deals in Kazakhstan, Austria and the Netherlands, Tele2's focus has narrowed to the Baltic Sea area. Cable and mobile operators complement each other well, as we've already seen through mergers in other countries (Germany, Belgium, Netherlands, France, Spain, Portugal). Notably Tele2 did not previously see the need for fixed-mobile convergence in Sweden, due to the local market conditions. It's now changed stance and is ahead of the curve on the Swedish market, talking of 'untapped

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Categories: General
Companies: Com Hem / Tele2
Countries: Europe / Sweden
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