Technology Industry
Industry: Email Alert RSS FeedTele2 AB to de-list from NASDAQ
Telecomworldwire, March 21, 2005
TELECOMWORLDWIRE-21 March 2005-Tele2 AB to de-list from NASDAQ(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com
The Sweden-based pan-European telecommunications company Tele2 AB said on Monday (21 March) that it had decided to de-list from the NASDAQ National Market.
Of Tele2's total traded volume during 2004, less than 0.1% was at NASDAQ, according to the company.
The decision to de-list was based on the fact that the costs were not compensated by the limited benefits of remaining listed on NASDAQ, Tele2 added.
The last trading day with Tele2 ADRs on NASDAQ would be 8 April 2005.
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((Comments on this story may be sent to tww.feedback@m2.com))
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