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Tag: teliasonera
TeliaSonera pulls out of troubled Central Asian markets
2015-09-17 15:57:18| Telecom - Topix.net
In a major strategic move, TeliaSonera AB says it has started to wind down operations in Central Asia and will focus on core businesses in Europe and Sweden. The Swedish-Finnish telecommunications operator says that despite making substantial improvements to operations in the region since 2013 it was important "to enter markets in a correct way."
Tags: central
markets
asian
troubled
TeliaSonera quits Eurasia to focus on Europe
2015-09-17 13:52:29| IT Services - Topix.net
Scandinavian telecom operator TeliaSonera AB will exit its Eurasian operations and focus more on its Swedish and European business as the company makes a strategic shift away from a region that has been hit by a challenging macroeconomic environment, strong price competition and a messy investigation over bribery allegations. At the end of 2013, Telia's chief financial officer and three other senior employees left the company after investigators criticized the way the company had invested in a telecom license in Uzbekistan.
Tags: europe
focus
quits
eurasia
TeliaSonera to exit Eurasia operations
2015-09-17 08:51:00| Telecompaper Headlines
(Telecompaper) TeliaSonera has announced plans to exit its operations in Eurasia and increase its focus on its regions Europe and Sweden. The decision follows long-running allegations of corruption in how it was awarded licences in some countries in Eurasia. The company's own investigation in 2012-2013 found several shortcomings in corporate governance and led to a complete overhaul of its management. TeliaSonera said it had made significant progress in corporate governance and sustainability in Eurasia in the past two years, and it still sees an opportunity to do both profitable and sustainable business there. However, it noted that it's "important to enter markets in a correct way". Exiting the region will take time, and each country operation will be assessed individually. The Eurasia region includes the activities in Nepal, Kazakhstan, Uzbekistan, Azerbaijan, Georgia, Moldova and Tajikistan.
Tags: operations
exit
eurasia
teliasonera
TeliaSonera to exit Eurasia operations
2015-09-17 02:00:00| Total Telecom industry news
Swedish operator will manage exit on a market-by-market basis; plans to focus on European operations going forward.
Tags: operations
exit
eurasia
teliasonera
TeliaSonera and Telenor withdraw from merger in Denmark
2015-09-14 12:16:06| IT Services - Topix.net
TeliaSonera and Telenor have cancelled the merger of their business units in Denmark. The companies said that they have not been able to agree with the European Commission on acceptable conditions to go ahead with their plan to create a combined mobile operator.
Tags: in
denmark
merger
withdraw
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