Printed from http://www.electronista.com

Telenor mulls buying TeliaSonera

updated 09:05 am EDT, Tue June 10, 2008

Telenor Mulls TeliaSonera

Norway's Telenor has expressed interest in buying its Scandinavian competitor TeliaSonera in light of the latter's rejecting an initial France Telecom bid, TeliaSonera board member Elof Isaksson says. He declines to elaborate on the seriousness of the deal but is supported by Norwegian industry committee chair Ola Borten Moe, who says the union of the two telecoms companies would be beneficial. The Norwegian government owns a majority stake in Telenor.


Telenor itself has declined comment on the prospects of taking over TeliaSonera, which is partly owned by the Finnish and Swedish governments and which serves some Telenor customers in what could become a near-monopoly situation in the event of an unconditional merger.

The apparent competition to acquire TeliaSonera comes the same week as the carrier officially becomes the sole iPhone provider for Scandinavia's four countries, potentially complicating the launch. France Telecom itself operates Orange and already supplies the iPhone in France along with upcoming launches in several other European countries, the Dominican Republic, and Egypt as well as Jordan in the Middle East.



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Advertisement

Recent Reviews

Seagate Wireless

It seems like no matter how much internal storage is included today's mobile devices, we, as users, will always find a way to fill the ...

Lenovo Yoga Tablet 2 (Android, 10.1-inch)

Lenovo is building a bigger name for itself year after year, including its devices expanding beyond desktop computers. The company's l ...

Brother HL-L8250CDN Color Laser Printer

When it comes to selecting a printer, the process is not exactly something most people put a lot of thought into. Printers are often t ...

Advertisement

toggle

Most Commented

 
toggle

Popular News