Thursday, 18 January 2018

Telia sells MegaFon stake

By Mary Lennighan, Total Telecom
Tuesday 03 October 17

Swedish telco raises over €300 million from sale of shares in Russian operator

Telia Company has sold down its stake in Russia's MegaFon as part of its ongoing plan to exit it Eurasia operations. The Sweden-based operator announced that it has offloaded around 6% of its shares for 3.2 billion kronor (€334 million), leaving it with around 19% of the company's issued share capital…

Telia Company has sold down its stake in Russia's MegaFon as part of its ongoing plan to exit it Eurasia operations. The Sweden-based operator announced that it has offloaded around 6% of its shares for 3.2 billion kronor (€334 million), leaving it with around 19% of the company's issued share capital…

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