Tele2 considers sale of Dutch fixed line business

21 Nov 2013

Tele2 of Sweden, which is currently deploying a 4G mobile network in the Netherlands, is considering the sale of its Dutch fixed line business as subscriber numbers continue to tumble, Bloomberg reports. The Nordic carrier’s Netherlands business contributed revenues of USD210 million last quarter, or 18% of the group total, but in an interview its CEO Mats Granryd said that the company is mulling selling the asset, or maybe upgrading the fixed infrastructure to offer faster internet access or fibre-to-the-home (FTTH) services. ‘We are weighing our options,’ the chief executive said. ‘What we have seen in the third quarter is an acceleration of the fixed line being less attractive,’ confirming Granryd’s opinion that the Stockholm-based carrier sees itself as becoming primarily a wireless company.

Netherlands, Tele2, Tele2 NL (part of T-Mobile Netherlands)