As European consolidation intensifies, cellcos which miss out in the auctions of desirable 800MHz spectrum are particularly vulnerable, as are those in a market with more than three players. Tele2 Norway falls into both categories, and its Swedish parent is now considering selling off the subsidiary. The Norwegian arm of Tele2 failed to win spectrum in December’s auction and is poorly placed to be a viable competitor if it remains a standalone company. Now, it could examine various alliances, including a joint venture or sell-off, though its parent stressed that growing the business organically was still an option. ABG Sundal Collier Holding has been hired to advise on the different options. Tele2’s group CEO Mats Granryd said: “As previously communicated…