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Wind makes offer for Tele2

13 Jul 2007

Italy’s largest alternative telco Wind has reportedly offered between EUR350 million and EUR450 million to acquire the Italian business of pan-European operator Tele2. Local newspaper Il Sole 24 Ore says the non-binding offer is in line with market valuations of Tele2 Italia. Another Italian telco, Tiscali, is also thought to be chasing Tele2, which claims around 2.5 million indirect telephony clients.

Italy, Tele2 Italia, Tiscali (incl. Linkem), WINDTRE

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