Tele2 has appointed Allison Kirkby as CFO as the Nordic telco reviews strategic options for its Norwegian assets after losing out in December’s spectrum auction.
Kirkby, most recently CFO of UK-based media production company Shine Group, will take up…
Tele2 has appointed Allison Kirkby as CFO as the Nordic telco reviews strategic options for its Norwegian assets after losing out in December’s spectrum auction.
Kirkby, most recently CFO of UK-based media production company Shine Group, will take up her new role on 1 May.
She will replace Lars Nilsson, who is leaving after seven years in the role to pursue new opportunities.
Tele2 CEO Mats Granryd “We couldn’t have found a better replacement and I am certain that Allison’s valuable financial experience and strong personality will contribute to the continued success of Tele2.”
Kirkby is credited for playing a key role in Shine’s US$675m sale to 21st Century Fox back in 2011. Before Shine, she was executive director of finance operations and transformation at British cableco Virgin Media.
Stockholm-based Tele2 hired ABG Sundal Collier Holding in March 2014 to advise on options for Norway, including a sale, entering into a strategic partnership, or continuing to grow the asset organically.
The review comes after it became the only major player in Norway not to pick up extra frequencies in the country’s latest 4G auction. It also follows the telco’s sale of its Russian assets last year for around US$3.55bn. A sale of Tele2 Norway could raise SKr4bn (US$620m).
