France Telecom withdraws proposal to acquire TeliaSonera

Telecomworldwire, June 30, 2008

TELECOMWORLDWIRE-30 June 2008-France Telecom withdraws proposal to acquire TeliaSonera(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

French telecomms group France Telecom announced on Monday (30 June) that it has decided not to go ahead with its proposed bid for the Finnish-Swedish telecomms company TeliaSonera.

France Telecom said discussions had not led to an agreement regarding the financial terms of the combination of the companies.

((Comments on this story may be sent to tww.feedback@m2.com))

COPYRIGHT 2008 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning

 

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