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

Kista, Sweden

Category Company
Founded 1993
Sector Communications
Employees4,485
Revenue 29.1B SEK (2023)
DESCRIPTION

Tele2 is a telecom operator that offers mobile telephony and data, fixed broadband, and fixed telephony services. Tele2 was founded in 1993 and is based in Kista, 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

Category Company
Founded 1908
Sector Communications
Employees47,161
Revenue 16.3B EUR (2023)
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 -