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General

Bredband2 makes buy-out offer for A3 to create operator with 15% of Sweden's fibre connections

Monday 14 September 2020 | 09:53 CET | News
Swedish data communication and security services provider Bredband2 said it has issued a public buy-out offer to shareholders in telecommunications operator A3. The offer has been accepted by holders of nearly 72 percent of shares. The merged company with approximately 450,000 fibre connections and a 15 percent market share would be led by Bredband2 CEO Daniel Krook and there is likely to be some staffing overlap.

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Categories: General
Companies: A3 / Bredband2
Countries: Sweden
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