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TeliaSonera: TeliaSonera’s Subsidiary NextGenTel Acquires the Broadband and VOIP Business of Tele2 Norway

NextGenTel, a TeliaSonera (STO:TLSN) (LSE:TEE) (HEX:TLS1V) (Nasdaq:TLSN) subsidiary and the second largest Norwegian broadband supplier, acquires the broadband and VOIP business of Tele2 Norway. A price of NOK 100 million will be paid for the business, cash and debt free. The business, which will strengthen NextGenTel’s position in the Norwegian market, comprises 97,000 broadband subscriptions [...]

TeliaSonera: France Telecom withdraws its indicative offer

TeliaSonera’s (Nasdaq:TLSN)(LSE:TEE)(HEX:TLS1V)(STO:TLSN) Board of Directors confirms that there have been discussions with France Telecom regarding the terms of the non-binding, indicative offer presented on 5 June, 2008. As the terms and conditions have not been significantly improved, the Board of TeliaSonera maintains its view that the proposal substantially undervalues the company.
“TeliaSonera is a strong [...]

The Supreme Court Rules Tele2 Must Pay SEK 500 Million to TeliaSonera

As The Supreme Court in Sweden on April 4, 2008, refused Tele2 leave to appeal, Tele2 must now, after a dispute of several years, pay approximately SEK 500 million to TeliaSonera (Nasdaq:TLSN) (STO:TLSN) (LSE:TEE) (HEX:TLS1V). This ruling will have a positive impact of some SEK 500 million on TeliaSonera’s cash flow when Tele2 makes the [...]

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