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TeliaSonera facing greater scrutiny in wider corruption probe

2015-11-26 03:45:51| IT Services - Topix.net

While VimpelCom got a boost today on news that it may be close to settling with the U.S. in an Uzbekistan corruption probe, TeliaSonera may be facing a bigger headache as the U.S. looks to extend the probe into other markets, according to Swedish daily Svenska Dagbladet. Danske Bank analysts think the company could now be facing compensation claims of 15B kronor , triple what they had expected before.

Tags: greater facing wider probe

 

Turkcell makes an offer for TeliaSonera ops

2015-11-26 01:00:00| Total Telecom industry news

Turkish mobile operator keen to take control of Fintur, but it is not the only interested party.

Tags: offer makes ops turkcell

 
 

Worst yet to come for TeliaSonera in Eurasia probe

2015-11-25 01:00:00| Total Telecom industry news

U.S. authorities mulling expansion of Uzbekistan investigation to other Eurasian markets, move could cost telco 1.6 billion in damages.

Tags: worst probe eurasia teliasonera

 

EC approves MasMovil, Orange deal; TeliaSonera revives Yoigo sale?

2015-10-20 13:14:16| IT Services - Topix.net

Swedish telecoms group TeliaSonera is resurrecting plans to sell its Spanish wireless unit Yoigo, in a deal that could fetch up to EUR500 million , Bloomberg reports, citing people with knowledge of the matter. TeliaSonera abandoned the divestment of its 77% stake in Yoigo in 2012, after offers for the cellco fell short of its expectations, but the Stockholm-based company is said to be reconsidering the sale of the operator after receiving interest from local telecoms operator MasMovil Ibercom and a number of unspecified private equity firms.

Tags: sale deal orange approves

 

TeliaSonera considering EUR 500 mln sale of Yoigo - report

2015-10-20 09:25:00| Telecompaper Headlines

(Telecompaper) TeliaSonera is again considering the possibility of selling its 77 percent stake in Spanish mobile unit Yoigo after rival telecoms provider Masmovil Ibercom expressed an interest in acquiring Spain's number four operator, according to unnamed sources cited by Bloomberg. After nine years of activity in Spain, Yoigo still boasts over 3.4 million customers but its relatively low market share remains a concern to the Swedish parent company, which could raise around EUR 500 million from a sale of its stake, said the sources. Private-equity firms are also interested in the unit and may team up with Masmovil to push through the sale, added the sources. MasMovil has a long-held ambition to take over from Yoigo as Spain's fourth national integrated operator and recently acquired broadband assets from Jazztel that enable it to offer fibre services to around 720,000 households in Spain.

Tags: report sale eur mln

 

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