Analysis, data & forecasts on every country across the region

Economy / Estonia

Estonia

January 2012 | Risk Summary

Sweden-based telecoms group Tele2 's Estonian subsidiary Tele2 Estonia will buy Estonian telecoms provider Televorgu from state-owned Eesti Energia in a deal worth SEK225mn (US$32mn). The deal will enable Tele2 Estonia to strengthen its presence among business clients in Estonia and have complete control over its transmission network until 2025. The acquisition, which is to be made on a cash and debt-free basis, is subject to approval from the relevant competition authorities. BMI estimates that there were 1.78mn mobile subscribers in 2011 and expects the total to rise 4.48% by 2015 to 1.86mn. During this period penetration will rise from 132.9% to 139.2%.

To read the full article, please choose one of the following options:

Subcribers please log in

Related Monitor Articles
External Debt To Settle Above 100% Of GDP

Economy / Estonia We continue to expect the level of Estonian external debt to fall further in 2010 and 2011, both in nominal and percentage of GDP terms. Weak foreign investment inflows, ongoing industrial capacity...
March 2010
Macroeconomic Forecast Estonia

Economy / Estonia Estonian industrial output contracted on average by 26.0% in 2009, exactly in line with BMI's estimate. Going forward, we continue to expect a marked improvement in industrial production growth through...
February 2010
Euro Adoption Looking Good

Economy / Estonia Ratings agencies Fitch and S&P both raised their outlooks for Estonia's sovereign rating to 'stable' from 'negative' on the back of an increasingly favourable outlook for the country to join...
February 2010
Current Account Surplus To Moderate

Economy / Estonia Estonian balance of payments dynamics are expected to normalise somewhat beginning in 2010. After posting its first deficit in over a decade in 2009, the financial account is expected to flip back into...
February 2010
Deflation To Remain A Major Problem

Economy / Estonia Estonian deflation continued largely unabated through the end of 2009 as expected, with the consumer price index falling by 1.9% y-o-y in December. Few shifts were recorded in any of the major components...
February 2010
Central Europe & Baltic States MonitorCentral Europe & Baltic States Channels Central Europe & Baltic States Countries


All material on this site is protected by international copyright laws and use of this site is subject to our Terms & Conditions.
© 2012 Business Monitor International Ltd
Site powered by WORKSsitebuilder CMS