Add-on Acquisition • Communications

Tele2 Acquires Suomen 3G Oy

On May 12, 2003, Tele2 acquired communications company Suomen 3G Oy

Acquisition Context

This is Tele2’s 1st transaction in the Communications sector.
This is Tele2’s 1st transaction in Finland.

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M&A Deal Summary
Date	May 12, 2003
Target	Suomen 3G Oy
Sector	Communications
Buyer(s)	Tele2
Deal Type	Add-on Acquisition

Target Company

Suomen 3G Oy

Finland

Suomen 3G Oy is a telecommunications company.

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Buyer Overview 1

Buyer

Tele2

Kista, Sweden

Category	Company
Founded	1993
Sector	Communications
Employees	4,135
Revenue	29.6B SEK (2024)

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 Context for Buyer	#
Overall	1 of 4
Sector: Communications	1 of 2
Type: Add-on Acquisition	1 of 3
Country: Finland	1 of 1
Year: 2003	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2010-07-16	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.	Buy	kr475M

DATE

TARGET

DEAL TYPE

VALUE

2010-07-16

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.

Buy

kr475M

Explore Related M&A Activity

Communications M&A - Add-on Acquisition M&A Deals - Finland M&A - 2003 M&A