Wednesday, 19 September 2018

Telenor sells Central Europe assets to O2 Czech parent for €2.8bn

By Nick Wood, For Total Telecom
Wednesday 21 March 18

PPF Group set to become mid-sized operating group; will use Telenor brand until at least 1H 2021

Telenor on Wednesday agreed the 27 billion kroner (€2.8 billion) sale of its Central European operations to Czech billionaire Petr Kellner's PPF Group. The deal will see the Norwegian incumbent exit Bulgaria, Hungary, Serbia and Montenegro, leaving it with operating units concentrated in Scandinavia and Asia…

Telenor on Wednesday agreed the 27 billion kroner (€2.8 billion) sale of its Central European operations to Czech billionaire Petr Kellner's PPF Group. The deal will see the Norwegian incumbent exit Bulgaria, Hungary, Serbia and Montenegro, leaving it with operating units concentrated in Scandinavia and Asia…

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