Tele2 Netherlands

Tele2 Netherlands (formerly Versatel Telecom International N.V) was a brand name of telecommunications company T-Mobile Netherlands, operating on the Dutch and Belgian market. It sells fixed telephony, mobile telephony, broadband internet and digital TV products. On 5 September 2023, both the T-Mobile and Tele2 were rebranded altogether under one brand as Odido.

Tele2 Netherlands
IndustryMobile telecommunications
Founded1997
SuccessorOdido
HeadquartersDiemen, Netherlands
ProductsMobile networks
OwnerT-Mobile Netherlands
Websitewww.tele2.nl

History

Tele2 was founded as a European company in 1993 to offer telecom services to both domestic and business customers.[1] In 1997, Tele2 Netherlands introduced telecoms services to the Dutch market operating as an MVNO and competed with lower prices for mobile services.[1] Tele2 Netherlands was launched in 1997 and was the first Dutch company to provide IP-VPN network services.

In July 2005, the Dutch portion of Versatel was sold to Tele2 for 1.1 billion euro.[2] The European commission concluded that both Tele2 and Versatel lacked the marked power to foreclose competition and allowed the sale to close.[3] The German part, Versatel Deutschland (now 1&1 Versatel GmbH), was sold to Apax Partners who merged it with Tropolys, another German telecommunications company. In 2006, the name Versatel was replaced by Tele2.[4]

In 2009, Tele2 had nearly 400,000 subscribers.[1]

In 2013, Tele2 had a market share in the Netherlands of 7%.[5]

Acquisition by T-Mobile Netherlands

In December 2017, T-Mobile Netherlands announced its intent to buy Tele2 Netherlands from its Swedish parent Tele2 AB.[6] After a delay because of a European Commission investigation, the merger was completed in January 2019.[7] As part of the purchase, Tele2 AB acquired a 25% share in T-Mobile Netherlands.

On 7 January 2020, the legal entity Tele2 Netherlands Holding B.V. was merged into T-Mobile Netherlands, leaving Tele2 as a brand name of T-Mobile.[8]

References
  1. Huet, Jean-Michel; Tcheng, Henri (2010). What If Telecoms - Were the Key to the Third Industrial Revolution?. Pearson Education France. p. 134. ISBN 978-2-7440-7501-8.
  2. "Avontuur Versatel eindigt in Zweden" (in Dutch), de Volkskrant, 2005. Retrieved 24 August 2017.
  3. Stoyanova, Milena (2008). Competition Problems in Liberalized Telecommunications: Regulatory Solutions to Promote Effective Competition. Kluwer Law International. p. 191. ISBN 978-90-411-2736-5.
  4. "Naam Versatel verdwijnt voor consumenten" (in Dutch), de Volkskrant, 2006. Retrieved 24 August 2017.
  5. "Tele2 verdubbelt marktaandeel" (in Dutch), Emerce, 2013. Retrieved 24 August 2017.
  6. Joris Jansen (15 December 2017). "T-Mobile Nederland neemt Tele2 over" [T-Mobile Netherlands acquires Tele2]. Tweakers (in Dutch).
  7. Olaf van Miltenburg (2 January 2019). "T-Mobile en Tele2 ronden fusie af" [T-Mobile and Tele2 complete merger]. Tweakers (in Dutch).
  8. "T-Mobile Netherlands simplifying legal structure in January". CommsUpdate. TeleGeography. 18 December 2019.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.