The merger between Tele2 and Com Hem (see SPR 11/1 Early Ed.) has increased pressure on other telecommunications operators. On the one hand, there is a fear of being left behind by Tele2 on the Swedish market and on the other the potential for carrying out aggressive acquisitions on the Nordic market has diminished.
Sources have told Dagens Industri (DI) that Telia is now considering financing a major acquisition of Danish TDC using a loan instead of issuing new shares. The source says, “Telia is being forced to resolve the situation on the unprofitable Danish market and at the same time move forward positions on the Swedish market by offering more of its own content to customers.”
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