STOCKHOLM, March 5 Tele2 has hired
ABG Sundal Collier to advise the company on strategic options in
Norway, including selling its operations there, after it lost a
December auction for the mobile spectrum it needs to run its
Norwegian network, the telecoms company said in a statement.
Tele2, which is Norway's third-largest mobile operator
behind Telenor and Teliasonera TLSN.ST, has spent
nearly 400 million euros since 2011 to build a business that now
has 1.2 million customers and some 1,700 mobile towers.
But it was dealt a blow after Access Industries, a holding
company owned by Ukrainian-American billionaire Len Blavatnik
who also owns Warner Music Group, won an auction with a $115
million bid for airwaves in the 800, 900 and 1800 megahertz
(Writing by Alistair Scrutton)