By Leila Abboud and Sophie Sassard PARIS/LONDON (Reuters) – Tele2, which lost a December auction for the mobile spectrum it needs to run its Norwegian network, is in deal talks with the winner, Access Industries, in a bid to salvage its local operation, said four people familiar with the matter. Tele2, which is Norways third-largest mobile operator behind Telenor and Teliasonera, has spent nearly 400 million euros since 2011 to build a business that now has 1.2 million customers and some 1,700 mobile towers. But Access Industries, a holding company owned by Ukrainian-American billionaire Len Blavatnik who also owns Warner Music Group, deprived Tele2 of the industry lifeblood – mobile spectrum to carry its customers data and calls over its network – by winning an auction with a $115 million bid for airwaves in the 800, 900 and 1800 megahertz bands. The two sides are now in talks, the sources said, but are unlikely to reach a deal before Tele2 results on Friday.
Exclusive: Tele2 in talks with Blavatnik’s Access over Norway dilemma – sources
06
Feb
2014
Comments are closed.
SUNDAY, FEBRUARY 23, 2025
WHITE PAPERS
Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...
ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...
Latest Comments
-
04. 05. 2013 00:51 -
28. 03. 2013 13:30 -
27. 03. 2013 17:21