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Bredband2 makes buy-out offer for A3 to create operator with 15% of Sweden's fibre connections

2020-09-14 09:53:00| Telecompaper Headlines

(Telecompaper) Swedish data communication and security services provider Bredband2 said it has issued a public buy-out offer to shareholders in telecommunications operator A3. The offer has been accepted by holders of nearly 72 percent of shares. The merged company with approximately 450,000 fibre connections and a 15 percent market share would be led by Bredband2 CEO Daniel Krook and there is likely to be some staffing overlap.

Tags: create offer makes connections

 

Sweden's economy less hard-hit by coronavirus

2020-08-05 11:56:53| BBC News | Business | UK Edition

After avoiding a Covid-19 lockdown, the country sees its economy shrink less than in other EU nations.

Tags: economy swedens hardhit coronavirus

 
 

Sweden's Ericsson to pay over $1bn to settle US corruption probe

2019-12-06 23:50:59| BBC News | Business | UK Edition

The telecoms giant has agreed to pay to resolve bribery allegations, the US justice department says.

Tags: us pay ericsson probe

 

Sweden's Kinnevik to divest Millicom investment

2019-06-04 10:08:00| Telecompaper Headlines

(Telecompaper) Milllicom has announced that Swedish investment company Kinnevik intends to divest its shareholding in the Latin America-focused telecommunications group through a public offering and a distribution to Kinnevik's shareholders. The investment company is currently Millicom's largest shareholder and will offer to divest about 11 million shares of the total 37.2 percent of Millicom shares it owns, and distribute the remainder of its holding to shareholders.

Tags: investment divest millicom swedens

 

Sweden's household media spend on the rise

2019-02-07 13:00:12| Digital TV News

According to Mediavision, Swedish households continuously spend more money on media services. During 2018 an average Swedish household spent 450 SEK per month on media subscriptions. The appetite for video services remain high, video spend has increased by almost 20% compared to 2017.

Tags: media rise spend household

 

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