Tele2 AB announced Monday purchase of 19 percent stake in Tele2 Netherlands Holding NV for 1.15 bln skr (175.1 millionm dollars).
The company will own 98 percent of Tele2 Netherlands Holding.
Tele2 AB is one of Europe's biggest alternative telecommunications operators with over 30 million customers in 22 countries. It serves as a fixed-line telephone operator, cable television provider, mobile phone operator, internet service provider and a content provider.
In June 2007 Tele2 has sold Tele2 Hungary to Hungarian Telephone and Cable Corp (HTCC), for 40 mln skr on a debt and cash free basis, with the sale having a positive one time effect on Tele2's results of approximately 20 mln skr. Tele2 said the divestment was done in order to continue to concentrate its operations in markets where it has a stronger position and expectations of higher profitability. At the end of May 2007, Tele2 Hungary had approximately 490,000 fixed telephony customers, and in 2006 Tele2 Hungary had sales of 374 mln skr and EBITDA of minus 31 mln.
On 6 October 2007, it has been announced that the operations of Tele2 in Italy and Spain have been sold to Vodafone.
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year