M&A Deal Summary

Tele2 Acquires BBned N.V.

On July 16, 2010, Tele2 acquired communications company BBned N.V. from Telecom Italia for 475M SEK

Acquisition Highlights
  • This is Tele2’s 2nd transaction in the Communications sector.
  • This is Tele2’s 0th largest (disclosed) transaction.
  • This is Tele2’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2010-07-16
Target BBned N.V.
Sector Communications
Buyer(s) Tele2
Sellers(s) Telecom Italia
Deal Type Divestiture
Deal Value 475M SEK

Target

BBned N.V.

Hoofddorp, Netherlands
BBned N.V. is a provider of fixed telephony and broadband telecommunication services. BBned N.V. was established in 2000 and is headquartered in Hoofddorp, Netherlands.

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Buyer(S) 1

Buyer

Tele2

Stockholm, Sweden

website


Category Company
Founded 1993
Sector Communications
Employees4,528
Revenue 26.6B SEK (2020)
DESCRIPTION

Tele2 a Europe’s fastest growing telecom operators, always providing customers what they need for less. At last count, we had 15 million customers in 10 countries. Tele2 was founded in 1993 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 2 of 4
Sector (Communications) 2 of 2
Type (Divestiture) 1 of 1
Country (Netherlands) 1 of 1
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-05-12 Suomen 3G Oy

Finland

Suomen 3G Oy is a telecommunications company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-22 Silver Server

Vienna, Austria

Silver Server GmbH is a internet service provider, which specialises in serving business customers.

Buy kr110M

Seller(S) 1

SELLER

Telecom Italia

Rome, Italy

website


Category Company
Founded 1908
Sector Communications
Employees52,392
Revenue 15.8B EUR (2022)
DESCRIPTION

Telecom Italia is a provider of telephone and data services on fixed-line and mobile networks for final customers (retail) and other operators (wholesale) in Italy. Telecom Italia was founded in 1908 and is based in Rome, Italy.


DEAL STATS #
Overall 4 of 5
Sector (Communications) 3 of 3
Type (Divestiture) 3 of 3
Country (Netherlands) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-26 Liberty Surf Group SA

Paris, France

Liberty Surf Group SA primarily operates internet service provider activities in France.

Sell €775M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-30 Loquendo

San Francisco, California, United States

Loquendo is a Telecom Italia company.

Sell -