Tele2 in talks with Access Industries over future plans for Norwegian unit?

6 Feb 2014

Hot on the heels of reports last week that Tele2 Norge is to halt investment in its network from next month after failing to secure new mobile spectrum, Reuters claims that its parent company is examining the future of the company. To that end, Tele2 is said to be in talks with Access Industries, which did acquire Long Term Evolution (LTE)-suitable frequencies in the government’s auction at the end of 2013, though it was noted that the negotiations between Tele2 and Access Industries are not expected to be concluded before the former presents its financial results tomorrow. However, it has been claimed that a number of options are being examined, among which is the possibility of Access selling its spectrum to Tele2; it has been suggested though that this option might only proceed on the condition that Tele2 also purchase Asset-owned Norwegian mobile broadband provider Ice.net (formerly Nordisk Mobiltelefon). Another option said to be under discussion would be for Access to acquire Tele2 Norge, though price could prove a sticking point, with Access keen not to overspend on such a purchase. Finally, an agreement under which Tele2 leased access to the frequencies in question is also said to be under consideration.

Norway, Tele2, Ice.net (formerly Nordisk Mobiltelefon), Tele2 Norge (inc. Network Norway),

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