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Tele2 hires new international chief

2016-06-28 02:00:00| Total Telecom industry news

Guillaume van Gaver to oversee operator's businesses in Austria, Croatia, Germany, the Baltics, Kazakhstan.

Tele2 names Van Gaver to lead operations outside Sweden, NL

2016-06-27 11:59:00| Telecompaper Headlines

(Telecompaper) Tele2 AB said that it has appointed Guillaume van Gaver as Executive Vice President International, which marks the re-introduction of an area director role for markets other than Sweden and the Netherlands. It added that Lars Torstensson, executive vice president for new growth and strategy, is leaving the company to pursue new opportunities.

Tags: van lead names operations

TDC exits Sweden in sale to Tele2

2016-06-21 09:01:00| Telecompaper Headlines

(Telecompaper) Danish operator TDC is exiting the Swedish market and selling its activities there to Tele2. Tele2 will acquire TDC Sweden at an enterprise Value of SEK 2.9 billion, helping strengthen its position in the B2B segment on its home market. TDC Sweden serves the public sector and many blue-chip customers in Sweden with a range of connectivity services. It generated net sales in 2015 of SEK 3.4 billion and EBITDA of SEK 0.4 billion. The operations had 809 full-time employees at the end of 2015. For TDC, thing brings to an end its strategic review and leaves the company focused on Denmark and Norway. It will continue to cooperate with Tele2 in Sweden to serve business customers there. Tele2 expects synergies of SEK 300 million in annual opex and capex and SEK 200 million in one-off capital expenditure thanks to the deal. It plans a rights issue to raise SEK 3 billion to strengthen its balance sheet after the acquisition.

Tags: sale sweden exits tele2