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Why is Tele2 buying back into fixed line after historic selling spree?

If Tele2 has serious ambitions of becoming a major triple play service provider, the Nordic telco will have to retrace its steps around Europe and buy back some of the fixed line assets it sold off over the past decade. Following our coverage of Tele2’s $3.3 billion takeover bid of Swedish cable TV and broadband provider Com Hem last week, it became apparent how the deal could impact markets and associated vendors further afield. The extent of Tele2’s fixed line M&A history is vast, as the table below demonstrates. The mobile operator got out of the fixed line and ISP game early on and focused on fortunes in Central and Eastern Europe and the Baltics, perhaps a smart move at…

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