TeliaSonera buys Tele2 Norway to increase market share

Note: This section contains information in English only.
Source: Bloomberg
TeliaSonera, the biggest telecommunications operator in Sweden and Finland, agreed to buy the Tele2 AB companys's business in Norway. The total amount of the deal reaches $744. As supposed, the purchase will raise TeliaSonera's market share to 40% from current 23%. At the same time, today TeliaSonera shares are declining 0.6% to 49.63 kronor by 8:15 GMT in Stockholm.
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