Freya Investissement, a special investment vehicle jointly owned by iliad and NJJ Holding, has entered into a binding agreement to acquire approximately 19.8 per cent of the share capital of Tele2 from Kinnevik, an investment company focused on digital consumer businesses. Consideration for the transaction will be paid in cash and totals approximately SEK 13 […]
Tele2 has announced its consolidated results for Q2 2023. The Sweden-based multi-national telco reported end-user service revenue of SEK 5.3 billion (€0.46bn) increased by 4 per cent organically compared to Q2 2022 due to strong performance in the Baltics and Sweden B2B. Total revenue was at SEK 7.2 billion, up 3 per cent organically compared […]
Household penetration for paid streaming services in Sweden increased by 9 percent in the first quarter, compared to the same period in 2022, reports Mediavision. This is a significant shift, after a period of relatively slow growth. Now, close to 70 per cent of households in Sweden have at least one paid streaming service, either […]
3 Screen Solutions (3SS), and SEI Robotics have announced that Swedish operator Tele2 AB has gone live with its new Tv Hub Mini, which is a 4K dongle for OTT TV. Based on Android TV OS, subscribers to the new Tele2 Tv Hub Mini service enjoy a custom 3SS-engineered user experience powered by 3Ready – […]
Viaplay and Tele2 have agreed a multi-year strategic distribution partnership in Sweden. Viaplay will be included in all Tele2’s pay-TV packages and will also be directly available through the Tele2 Play streaming package from later this year. As part of the agreement, Viaplay Film & Series will be included in Tele2’s Standard pay-TV package; Viaplay […]
Orange Spain’s intention to merge its Spanish operations with MásMóvil in Spain will be neutral for the rating but will attract high EU competition and regulatory scrutiny due to resulting market consolidation, reports Fitch. Orange and MásMóvil have announced that they have entered into exclusive discussions to combine their businesses in Spain to create a […]
UK-based Truespeed has announced the appointment of James Lowther as CEO, with immediate effect, succeeding former CEO Evan Wienburg. Lowther brings over 16 years’ experience in the telecoms sector, most recently as Group Chief Commercial Officer at mobile company Lebara, and previously as Chief Marketing Officer at Gigaclear. Prior to this, he spent four years […]
Tele2 and Deutsche Telekom have agreed to sell T-Mobile Netherlands to funds advised by Apax Partners and Warburg Pincus for an enterprise value of €5.1 billion. They claim the transaction provides an opportunity for Tele2 to realise value from the successful development in T-Mobile Netherlands and to conclude Tele2’s international consolidation. The Tele2 Board of […]
Multiplay operator Com Hem’s 1.7 million Swedish households are joining the Tele2 family as two of Sweden’s strongest brands, Tele2 and Com Hem, combine into one. Tele2 customers now have access to nationwide mobile connectivity, upgraded broadband and Sweden’s largest entertainment offering – all available from the first climate neutral operator in the Nordics and […]
OneWeb, the global communications company powered from Space, has announced the appointment of Per Borgklint as Chief Commercial Officer (CCO). Borgklint joins OneWeb with more than 20 years’ experience in leadership positions across telco, media, and software, including the Swedish multinational Ericsson, and CEO positions at Net1, Canal+, Tele2 Netherlands, and Optimal Telecom. Borgklint will […]