Swedish company Tele2 is in talks to sell Lithuanian cable operator C Gates, BroadbandTVNews reports.
Incumbent operator TEO LT and cable operators Balticum and Init are reportedly among the potential buyers.
Tele2 is reported to have chosen Swedbank to…
Swedish company Tele2 is in talks to sell Lithuanian cable operator C Gates, BroadbandTVNews reports.
Incumbent operator TEO LT and cable operators Balticum and Init are reportedly among the potential buyers.
Tele2 is reported to have chosen Swedbank to advise on the divestment.
C Gates has about 35,000 subscribers in the capital city of Vilnius.
Tele2 also had 1.684 million mobile subscribers at the end of Q3 and does not plan to exit this sector.
The company, however, declined to comment on its cable operations.
