Sweden’s government has appointed investment banks UBS and Deutsche Bank to advise it on the planned sale of part of its 45.3% stake in national PTO TeliaSonera, according to the Financial Times. Despite the news, the government insisted yesterday that no deal was imminent. The state’s holding is worth around SEK124 billion (USD18.3 billion), and the planned sale forms part of a privatisation programme involving six companies earmarked for sale in the short-term.
Have feedback, corrections, or story ideas? Send them to firstname.lastname@example.org.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors