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TeliaSonera discontinues Yoigo sale process

2013-04-02 09:06:00| Telecompaper Headlines

(Telecompaper) TeliaSonera has decided to continue developing its Spanish operator Yoigo. Yoigo has great potential for further development, but as its market strategy does not quite match its other operations, TeliaSonera had been prepared to divest it if offered a price which fully reflects its future potential, Teliasonera said. "As this requirement has not been met, we have discontinued the sales process and look forward to continue developing the company," said Per-Arne Blomquist, TeliaSonera CEO.

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Category:Telecommunications

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