Wanadoo and Tele2 jostle with Jazztel for control of Comunitel

11 Jul 2005

France Télécom unit Wanadoo and Tele2 of Sweden are locked in a battle with Spanish operator Jazztel for control of Oni’s Comunitel subsidiary, which is valued at around EUR120 million. In May Jazztel confirmed it was in talks to buy Comunitel, an affiliate of Energias de Portugal which focuses on delivering services to small and medium-sized business users. If it is successful in winning out over Wanadoo and Tele2, Jazztel will effectively double in size.