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Nordic retreat continues as Tele2 sells out of Kazakhstan

2019-07-01 02:00:00| Total Telecom industry news

Tele2 late last week announced that it has completed the sale of its operations in Kazakhstan to business partner Kazakhtelecom, continuing its renewed focus on its Nordic and Baltic markets. The telco exercised a put option that enabled it to exit its Kazakhstan joint venture three years after it brokered the tie…read more on TotalTele.com »

Tags: continues kazakhstan sells retreat

 

Tele2 agrees exit terms from Kazakhstan with Kazakhtelecom

2019-05-23 09:43:00| Telecompaper Headlines

(Telecompaper) The Tele2 Group has agreed with Kazakhstan national operator Kazakhtelecom on the price for its share in their joint venture. The net proceeds to Tele2, after deducting the existing earn-out liability, will be USD 169 million. In addition Tele2 will receive full repayment of its shareholder loan amounting to KZT 80 billion. The transaction is expected to close at the end of June.

Tags: terms exit kazakhstan agrees

 
 

Tele2 to sell remaining Kazakhstan mobile stake

2018-12-28 11:54:00| Telecompaper Headlines

(Telecompaper) Tele2 said it has given notice to exercise the put option in its joint venture with Kazakhtelecom, thereby initiating its sale of the remaining shares in Tele2 Kazakhstan. Closing is expected in about six months. The transaction announced on 12 December by Telia Company, in which Kazakhtelecom acquires control of Kcell, enables Tele2 to exercise its put option, as the joint venture agreement includes non-compete clauses.

Tags: mobile sell remaining kazakhstan

 

Tele2 lift sales 5%, EBITDA 7% in Q1 pulled up by Baltics, Kazakhstan, Croatia

2018-04-23 09:43:00| Telecompaper Headlines

(Telecompaper) Tele2 reported net sales for the first quarter up 5 percent, also like-for-like, to SEK 6.22 billion, while EBITDA lifted 7 percent to SEK 1.63 billion, with results again getting a boost from operations in Kazakhstan and the Baltics, as well as from Croatia. The company said it will keep its quarterly dividend at SEK 4 per share but has announced a new shareholder remuneration and leverage policy as it looks forward to its merger with Com Hem. 

Tags: up sales croatia lift

 

India, Indonesia and Kazakhstan under GSP eligibility review

2018-04-13 12:41:00| Daily apparel & textile news and comment - from just-style.com

The Office of the United States Trade Representative (USTR) is reviewing the eligibility of India, Indonesia, and Kazakhstan in the Generalized System of Preferences (GSP) based on concerns about the countries' compliance with the programme.

Tags: review india indonesia eligibility

 

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