Sweden’s Telia has confirmed local new reports that it is conducting talks to acquire Bonnier Broadcasting. The total price tag for the broadcaster was estimated at around one billion euros.
Telia has appointed Kennet Radne as its country manager in Latvia, with responsibilities for Telia Latvia, LMT and Lattelecom and collaboration with the Latvian government.
Telia enjoyed growth in its TV businesses in Sweden, Denmark and the Baltics Republics in 2017.
Haval van Drumpt has been appointed the head of B2C at Telia Lietuva (Lithuania), effective January 1, 2018.
Telia has sold the remaining 19% stake it held in Russia’s MegaFon to Gaprombank for R60.4 billion (€890.5 million).
Telia’s TV business enjoyed steady growth in all but one of the markets the company is present in in the year to September 30.
Telia has announced plans to cut staff numbers by 850 people as the Swedish telco looks to reduce costs following a disappointing Q2.
The latest carriage fee dispute between Discovery and a major European platform was resolved ahead of the weekend’s World Cup qualifiers.
Telia pay-TV subscribers in Lithuania can now receive the European cinema channel Eurochannel.
Telia’s Lithuanian subsidiaries Teo, Omnitel and Baltic Data Center have been merged into a single company named Telia Lietuva.