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Values streaming service at $8.2 billion
2015-06-10 11:52:02| Telecom - Topix.net
Spotify Ltd., the music-streaming service with more than 60 million users, received a valuation that topped $8 billion in a deal with Swedish phone company TeliaSonera AB. The carrier said Wednesday it paid $115 million for a 1.4 percent stake, valuing Spotify at about $8.2 billion.
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Category:Telecommunications
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