Tele2 completes acquisition of TDC Sweden

1 Nov 2016

Tele2 has completed the acquisition of Danish-owned TDC Sweden (TDC Sverige) for SEK2.9 billion (USD321.5 million) on a cash and debt free basis. As previously reported by TeleGeography’s CommsUpdate, the takeover was agreed in June this year, with the European Commission (EC) approving the deal in October.

Fixed and mobile network operator Tele2 said the acquisition will strengthen its position in the B2B segment, as TDC Sweden serves both the public sector and Swedish blue chip customers with end-to-end connectivity/communication needs.

Sweden, TDC Group (old), TDC Sverige, Tele2, Tele2 Sweden (incl. Com Hem)