The swedish competition authority has today approved Com Hem’s acquisition of Boxer Sweden
In June 2016, Com Hem (publ) entered into an agreement through its wholly-owned subsidiary Com Hem Communications AB (together “Com Hem”) to acquire Boxer TV-Access AB (“Boxer”), the pay TV operator in the digital terrestrial television (“DTT”) network in Sweden, from the government-owned company Teracom Boxer Group AB (”Teracom”). The acquisition was conditional on approval by the State of Sweden and the Swedish Competition Authority. Both parties have now approved the acquisition. The acquisition is expected to be completed shortly.
“We are very happy about the Competition Authority’s announcement. We are now working at full speed to close the deal as soon as possible”, says Anders Nilsson, CEO of Com Hem
Com Hem has previously announced the acquisition of Boxer on June 8, 2016 and the approval of the acquisition by the State of Sweden on September 1, 2016.
For additional information, please contact:
Petra von Rohr, Director of Communication
Tel: 0734 39 06 54
Max Hellström, Head of PR
Tel: 0761 15 38 30
About Com Hem
Com Hem offers broadband, TV, play and telephony services to Swedish households and companies. Approximately 40 percent of the country's households are connected to Com Hem's network, making Com Hem an important driver of digital Sweden. We offer broadband speeds of up to 1 Gbit/s and a wide range of channels via digital TV at home or mobile via Com Hem Play. The company was founded in 1983 and has approximately 1,200 employees including about 700 within customer service. Com Hem is headquartered in Stockholm and operates through three subsidiaries; Com Hem AB, Phonera Företag AB and iTUX Communication AB. In 2015, Group sales totalled SEK 5,000 million. Since 2014 the Com Hem share is listed on Nasdaq Stockholm. www.comhemgroup.com.