Freetel AB signs letter of intent to acquire One2Com AS.
NORDIC BUSINESS REPORT-13 June 2003-Freetel AB signs letter of intent to acquire One2Com AS(C)1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com
Swedish online mobile handsets and subscriptions distributor Freetel AB said on Friday (13 June) that it had signed a letter of intent to acquire the Norwegian telecommunication products distributor One2Com AS.
No details have yet been disclosed.
The acquisition will create a strong integrated Nordic mobile solutions supplier with 40 employees in Sweden and Norway, and with pro forma revenues of some SEK241m, Freetel said.
One Swedish krona (SEK) is worth approximately 0.08 British pounds (GBP).
((Comments on this story may be sent to email@example.com))
|Printer friendly Cite/link Email Feedback|
|Publication:||Nordic Business Report|
|Article Type:||Brief Article|
|Date:||Jun 13, 2003|
|Previous Article:||LjungbergGruppen AB to acquire Fastighets AB Celtica.|
|Next Article:||Ericsson signs GSM expansion contract with Hebei Mobile in China.|