Swedish cable operator Com Hem has been put up for sale by its private equity owners with a SEK13-18bn (E1.4bn-E2bn) price tag, according to reports citing local business daily Dagens Industri.
Telcos TeliaSonera, Telenor, TDC, Tele2 and 3 Group have…
Swedish cable operator Com Hem has been put up for sale by its private equity owners with a SEK13-18bn (E1.4bn-E2bn) price tag, according to reports citing local business daily Dagens Industri.
Telcos TeliaSonera, Telenor, TDC, Tele2 and 3 Group have all been suggested as potential buyers for the company, which PE firms Carlyle and Providence Equity acquired from local private equity EQT for US$1.4bn in May 2006.
It is reported that TeliaSonera, Sweden’s incumbent, is talking to regulators in Europe to identify any obstacles that could prevent it from acquiring the group.
The incumbent operator was forced to offload Com Hem in 2003 to EQT as part of conditions related to the merger between Swedish Telia and Finnish Sonera, which resulted in its formation.
TeliaSonera and the Com Hem’s PE owners were unable to comment before the press deadline.
