AllTele to acquire Universal Telecom

15 Feb 2013

Swedish alternative telco AllTele has agreed to purchase rival Universal Telecom. The acquisition is proposed to be made via an issuance of new shares in AllTele with a 50/50 value ratio between AllTele and Universal Telecom, valuing the acquired business at approximately SEK250 million (USD39.6 million). AllTele offers broadband, fixed telephony and pay-TV bundles as well as reselling mobile broadband and voice services. Universal Telecom, a provider of broadband internet, home telephony and resold mobile services, claims on its website that it supplies over 100,000 Swedes with telephony and broadband access.

Sweden,A3 (incl. AllTele and T3), Ispace (Universal Telecom),

Subscribe



Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share