Divestiture • Communications

Telia Acquires Tele2 Norge AS

On October 1, 2014, Telia acquired communications company Tele2 Norge AS from Tele2 for 5.1B SEK

Acquisition Context
  • This is Telia’s 4th transaction in the Communications sector.
  • This is Telia’s 2nd largest (disclosed) transaction.
  • This is Telia’s 1st transaction in Norway.

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M&A Deal Summary

Date October 1, 2014
Target Tele2 Norge AS
Sector Communications
Buyer(s) Telia
Sellers(s) Tele2
Deal Type Divestiture
Deal Value 5.1B SEK

Target Company

Tele2 Norge AS

Oslo, Norway
Tele2 Norge AS is a provider of telecommunication services including broadband and voice-over Internet protocol (VOIP) services.
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Buyer Overview 1

Buyer

Telia

Solna, Sweden

Category Company
Founded 1853
Sector Communications
Employees15,040
Revenue 89.1B SEK (2024)
DESCRIPTION
Entrance to TeliaSonera's corporate headquarters in central Stockholm.
Entrance to TeliaSonera's corporate headquarters in central Stockholm.

Telia provides network access and telecommunication services that help people and companies communicate in an easy, efficient, and environmentally friendly way. Telia was founded in 1853 and is based in Solna, Sweden.


Deal Context for Buyer #
Overall 6 of 9
Sector: Communications 4 of 5
Type: Divestiture 2 of 3
Country: Norway 1 of 1
Year: 2014 4 of 4
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-01 Ipeer AB

Karlstad, Sweden

Ipeer AB is a supplier of standardized and customized cloud and hosting services provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-03 Nebula Oy

Helsinki, Finland

Nebula Oy is a provider of cloud-based services, IT infrastructure and network services to small and medium-sized enterprises in the Finnish market. Company offers its cloud services through networks and data centers. The company was founded in 1997 and is based in Helsinki, Finland.

Buy €165M

Seller Profile 1

SELLER

Tele2

Kista, Sweden

Category Company
Founded 1993
Sector Communications
Employees4,135
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 Seller #
Overall 1 of 3
Sector: Communications 1 of 3
Type: Divestiture 1 of 3
Country: Norway 1 of 1
Year: 2014 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-23 Kombridge AB

Gothenburg, Sweden

Kombridge AB is a provider of security services, connected device management and application management for Internet of Things (IoT) applications and services.

Buy -

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