Tele2 deal completed

31 Mar 2008

Sweden’s Tele2 Group has completed the sale of its Austrian mobile resale business to Telekom Austria. The EUR7 million (USD11 million) cash deal was recently given approval by the country’s telecoms regulator. Tele2 is selling its mobile virtual network operator (MVNO) in Austria to concentrate on its core fixed line and broadband internet offerings.

Austria, A1 Telekom Austria Group