Tele2 Finalizes Acquisition of Silver Server

CompaniesTelecoms ♦ Published: December 23, 2011; 14:09 ♦ (Vindobona)

The Austrian Internet service provider is taken over for € 12.3m after the competition authority has approved the deal.

Tele2 Finalizes Acquisition of Silver Server / Picture: © Vindobona.org

The takeover of the Austrian Internet service provider Silver Server by the Swedish telecommunication group Tele2 AB has been finalized. The Austrian Federal Competition Authority (BWB) has approved the deal, Tele2 announced today.

Both companies will continue to operate separately on the Austrian market for the time being. They are planning, however, to combine their…