AllTele acquires electricity company’s telco arm

5 Apr 2013

Swedish multi-service reseller AllTele has agreed to acquire rival Bixia Telecom, part of electricity trading company Bixia which has offered telecoms services for around ten years. AllTele agreed a purchase price of around SEK15 million (USD23 million) for Bixia Telecom, which has annual turnover of approximately SEK35 million and around 15,000 fixed telephony customers, 700 IP telephony subscribers and 800 broadband customers via metro networks. No personnel are included in the purchase.

Sweden, A3 (incl. AllTele and T3)