French telecoms group Iliad, led by billionaire Xavier Niel, has agreed to buy a 19.8% stake in Swedish operator Tele2 from investment firm Kinnevik for 13 billion crowns ($1.26 billion), the companies said on Monday. The deal, which values Tele2 at a 13% premium to its closing price on Feb 23, will be completed in…
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Tele2 partners with Nokia for 5G core deployment in Sweden and the Baltics
STOCKHOLM: Tele2 AB has chosen Nokia as partner for the deployment of its 5G core network. Nokia’s cloud infrastructure and mobile applications will enable the full potential of 5G for Tele2 customers going forward, including improved data and voice connectivity as well as enterprise solutions such as network slicing and edge computing. The deployment is…