Tele2 May Sell Fixed-Line Assets in Netherlands

Tele2 AB (TEL2B) is building a 4th-generation network in the Netherlands and could sell older fixed-line assets in the country, Bloomberg News reports.

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Chief Executive Officer (CEO) Mats Granryd said Tele2 could sell the consumer part of its fixed-line business in the country, or upgrade the infrastructure to offer faster Internet access or so-called fiber-to-the-home services, according to Bloomberg.

“We are weighing our options,” Granryd said. “What we have seen in the third quarter is an acceleration of the fixed line being less attractive.”