Sweden Telecommunications Report Q2 2018
We have made some revisions to the mobile outlook, as data from the operators indicate slower-than-expected growthin 2017. However, this further reinforces our opinion that Sweden is a highly mature and saturated market. Consolidation will remainone of the key trends over the coming years as Tele2 has announced it will merge with Com Hem, the main cable player in thecountry. The deal between Tele2 and Com Hem is part of the convergence trend we have seen in Europe, as well as Tele2 focusingon its core markets. As bundling is not a major driver in the Swedish market, the new Tele2 will need to be flexible if it wants tocompete effectively against incumbent Telia.
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