Tele2 looking at various acquisitions following Russian sale

5 Apr 2013

TMT Finance reports that Swedish telecoms group Tele2 is looking at various potential acquisitions in several markets, following the USD4.25 billion sale of its Russian arm. Banking sources were quoted as saying that Tele2 is looking to bolster operations in markets such as Norway and the Netherlands, while also considering acquisitions in new markets across Scandinavia. Meanwhile, Tele2 is said to be interested in Norwegian cable group Get Cable which could be worth USD1.35 billion, and is thought likely to bid in Austria’s 4G auction scheduled for September. Tele2 currently operates in eleven markets.

Sweden, Tele2,

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