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TeliaSonera, Telenor scrap merger of Danish units
2015-09-11 13:05:59| Telecom - Topix.net
Telecom operators TeliaSonera and Telenor have abandoned a proposed merger of their Danish operations due to concerns by European Union regulators that it would stifle competition. The Swedish and Norwegian companies said Friday in a joint release they were unable to agree with the EU's executive Commission "on acceptable conditions" to create "a robust mobile operator" in Denmark based on a deal agreed on in December.
Tags: units
danish
merger
scrap
Telenor, TeliaSonera drop Danish merger plan
2015-09-11 13:05:58| Telecom - Topix.net
Scandinavian telecom operators Telenor ASA and TeliaSonera AB have dropped plans to merge their Danish operations after failing to agree acceptable terms with the European Commission, the companies said Friday. They originally announced plans to team-up in Denmark, where the combined business would have had revenue of more than 9 billion Danish kroner , at the end of last year as the two operators tried to counter fierce competition in the country which has pressured revenue and profitability and limited investments there.
TeliaSonera, Telenor scrap merger of Danish units
2015-09-11 12:39:27| IT Services - Topix.net
Telecom operators TeliaSonera and Telenor have abandoned a proposed merger of their Danish operations due to concerns by European Union regulators that it would stifle competition. The Swedish and Norwegian companies said Friday in a joint release they were unable to agree with the EU's executive Commission "on acceptable conditions" to create "a robust mobile operator" in Denmark based on a deal agreed on in December.
Tags: units
danish
merger
scrap
Telenor, TeliaSonera drop Danish merger plan
2015-09-11 12:39:26| IT Services - Topix.net
Scandinavian telecom operators Telenor ASA and TeliaSonera AB have dropped plans to merge their Danish operations after failing to agree acceptable terms with the European Commission, the companies said Friday. They originally announced plans to team-up in Denmark, where the combined business would have had revenue of more than 9 billion Danish kroner , at the end of last year as the two operators tried to counter fierce competition in the country which has pressured revenue and profitability and limited investments there.
TeliaSonera, Telenor abandon Danish merger plans
2015-09-11 08:43:00| Telecompaper Headlines
(Telecompaper) TeliaSonera and Telenor have decided to abandon their plan to merge their operations in Denmark. The operators said in a statement that they were unable to reach agreement with the European Commission on acceptable conditions to meet its competition concerns. The joint venture agreed last December would have reduced Denmark from four to three mobile network operators. TeliaSonera and Telenor said they will continue now with their individual operations in Demark, which are still fully up and running, while reviewing their strategic options in the Danish market.
Tags: plans
danish
merger
abandon
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