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Tele2 makes a U-turn and eyes converged services again

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 $3.3bn 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 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 a time before many of these markets were plunged into recession and valuations fell through the…

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