M&A Deal Summary |
|
|---|---|
| Date | 2020-06-01 |
| Target | Net1 Denmark |
| Sector | Communications |
| Buyer(s) | Cibicom |
| Sellers(s) | Ice Group |
| Deal Type | Divestiture |
SEARCH BY
Cibicom is an operator and owner of a nationwide digital terrestrial TV (‘DTT’) and a terrestrial radio broadcasting tower infrastructure network. The Company owns 34 high towers (>100m) across Denmark, providing cost-effective nationwide broadcast and transmission coverage. It owns the land and buildings on 28 of the 34 tower sites as well as equipment across c. 170 additional sites. The Company also owns and operates datacentres, 3,500 km of fibre connections, internet of things services and maintains networks for mission critical services. Cibicom is based in Ballerup, Denmark.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Communications M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Denmark M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2015 |
| Sector | Communications |
| Employees | 246 |
| Revenue | 2.3B EUR (2021) |
Ice Group is a telecommunications company with nationwide networks in Norway and Denmark. In Norway, the company operates a pure 4G mobile network, providing smartphones, m2m, IoT, and mobile broadband services to B2C and B2B customers. Ice Group also offers mobile broadband, m2m, and IoT services in Denmark through its own network. Ice Group was formed in 2015 and is based in Oslo, Norway.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Communications M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Denmark M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
