Tele2 Sells French Business to Vivendi
An AP newswire article, via The Boston Globe, reports that:
Swedish telecoms company Tele2 AB said Tuesday it sold its French fixed-line telephone and broadband unit to Vivendi SA's SFR wireless division for $450 million.More here.
The company will incur a one-time loss of $136 million from the sale, Tele2 said in a statement. Stockholm-based Tele2 said it valued its remaining goodwill after the sale and will write down between $409 million and $478 million in the third quarter.
posted by Fergie @ 10/03/2006 09:51:00 AM
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