Finnish Gov't to Sell Stake in TeliaSonera
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The Finnish government announced Wednesday it will reduce its stake in TeliaSonera, the Nordic region's largest telecommunications operator, by at least 5.3 percent with the sale of some 250 million shares, ...
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The Dutch private equity firm will sell the stake in the mobile telephone company to a Dutch investor.
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BONN: Deutsche Telekom is bidding â¬2.9 bn for the 26% it does not own in T-Online International, pulling the internet service back into the fold four years after selling stock to the public.
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BT Group Plc, the UK&#39;s largest phone operator, agreed to sell its stake in Eutelsat SA for 363 million pounds ($685 million) in cash, marking the company&#39;s exit from the satellite operating business.
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THE German government has sold a 6.3 per cent stake in phone operator Deutsche Telekom, raising up to Â£3.1 billion to help cut its growing budget deficit.
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FRANKFURT/LONDON Oct 11  - Germany sold a 6.3  percent stake in phone operator Deutsche Telekom on Monday,  raising up to 4.5 billion euros ($5.6 billion) to help it curb  a burgeoning budget deficit.
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The Finnish company, which has promised to launch a total of 35 new handsets in 2004, is trying to regain market share after competitors chipped away at its dominance in the mid- to high-end range of phones.
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Nordic telecommunications operator TeliaSonera AB on Friday reported an 11 percent rise in its fourth-quarter net profit, but said it would slash 2,900 jobs, or 9.3 percent of its work force, to cut costs.
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Finland may withdraw a third  generation mobile network license from Suomen 3G, an operator  owned by Sweden's Tele2 TEL2b.ST, due to delays in building  the high-speed network, it said on Tuesday.
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Singapore Airlines will sell its 6.5 percent stake in Air New Zealand, the government-controlled New Zealand airline said Tuesday.
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So long to WiMax ISP Kent-based wireless ISP Telabria Ltd has called in the liquidators and has begun selling off its network assets.â¦
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Finnish President Tarja Halonen on Thursday spoke against suggestions to transfer to government the final authority to deploy Finnish troops as part of the European Union's rapid response force.
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The Italian government is to sell a 30.1% stake in national airline Alitalia, but with a list of conditions attached.
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Bulgaria's government will float its 35% stake in the Bulgarian Telecommunications Company at the Sofia Stock Exchange, Deputy Prime Minister Lidia Shuleva said Thursday.
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Swedish-Finnish telecommunications operator TeliaSonera said on Monday it would form a new fully-owned telecom infrastructure subsidiary in Sweden.
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The Swedish government said on Thursday it had agreed to sell its 6.6-percent share in the Nordic and Baltic stock exchange operator OMX to Emirates-based Borse Dubai, and subsequently to Nasdaq.
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Italyâs infrastructure minister indicated Monday that he would not block Spanish acquisition of a large stake in Telecom Italia.