Tele2 acquires TDC Sweden for SEK2.9bn

Tele2 AB (Tele2) (NASDAQ OMX Stockholm Exchange: TEL2 A and TEL2 B) (STO:TEL2B) (STO:TEL2A) (OSE:TLE2) has completed the acquisition of TDC Sweden, for SEK2.9 billion on cash and debt free basis, the company said.

Tele2 has 17 million customers in nine countries. It offers mobile services, fixed broadband and telephony, data network services, content services and global M2M/IoT solutions.

TDC Sverige AB provides telephone, voice, and data communications services. The Company offers computer networks, fixed telephony, internet, mobile broadband, mobile telephony, meeting services, and switches. TDC Sverige provides their telecommunication services worldwide.