Fierce Wireless – Tele2 to sell Norway unit to TeliaSonera despite Telenor roaming deal

Bengt Nordstrom, CEO of Nordic consultancy Northstream, said the sale “is the predictable result of a pretty miserable and failed spectrum licensing process, which has resulted in pretty dramatic consolidation. Norway now essentially has two strong operators, plus a very small outfit with lots of spectrum, little infrastructure and few customers.”

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Light Reading - Eurobites: Etisalat Embraces 400G OTN

Following disappointment in the most recent auction of mobile spectrum in Norway, Tele2 AB (Nasdaq: TLTO) has decided to sell its Norwegian unit to rival TeliaSonera AB (Nasdaq: TLSN) for SEK 5.1 billion (US$744 million). Bengt Nordstrom, an analyst with Northstream , has some strong words on the matter: “This is the predictable result of a pretty miserable and failed spectrum licencing process, [...]
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