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 [...]
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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 [...]
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 [...]
