MANDATE Vinge ADVISES Tele2 IN CONNECTION WITH SALE OF CABLE AND FIBRE OPERATIONS

Oct. 23, 2013

Vinge is advising Tele2 in connection with the sale of its cable and fibre operations on the private market and the private customers pertaining thereto to Telenor. The total cash consideration amounts to SEK 794 million of which approximately SEK 250 constitutes capital gains. The transaction relates to approximately 125 000 fixed broadband customers and approximately 75 000 digital TV customers. Telenor’s acquisition is subject to the approval of the Swedish Competition Authority.

Partner Johan Winnerblad together with, among others, associates Nina Farrahi, Mikael Satama Granberg and Jonatan Lund Kirkhoff are advising Tele2. Partner Johan Karlsson and associate Grant McKelvey are providing competition law advice and associate Åsa Gotthardsson is providing employment law advice.