Eventhough Tele2 adds fixed-line assets to BASE's mobile operations, converged services are not at the heart of this deal.

    "This does not mean than KPN has suddenly embraced convergence and will rush to buy fixed assets in Germany to complement its mobile business E-Plus," says the analyst team at Dresdner Kleinwort . "This deal is mainly for distribution and cross selling rather than fixed infrastructure."

    KPN says it plans to operate Tele2 independently from BASE.