Sony Pixel Power calrec Sony

TeliaSonera and Telenor widraw from merger in Denmark

11/09/2015

TeliaSonera and Telenor withdraw from merger in Denmark

11 September 2015

TeliaSonera and Telenor today announce the withdrawal of the proposed merger of their respective business units in Denmark. The companies have not been able to agree with the European Commission on acceptable conditions to go ahead with their plan to create a robust mobile operator.

In December last year, TeliaSonera and Telenor reached an agreement to merge their Danish operations. The new joint venture would have created a mobile operator that would be able to increase investments in networks and technology, to the benefit of the Danish customers.

Since the beginning, we have been strong advocates for the need to increase investment levels in Denmark. In our view, creating a market player with the scale and ability to compete and invest would ensure that customers and businesses would benefit from better quality, speed and coverage, says Robert Andersson, Executive Vice President and Head of Region Europe in TeliaSonera.

However, the merger discussions have now reached a point where it is no longer possible to gain approval for the proposed transaction.

In the interests of both companies, we felt it necessary to act decisively. TeliaSonera and Telenor will continue to compete and deliver products and services in the Danish market through our respective original, and still fully up-and-running Danish operations, says Kjell Morten Johnsen, Executive Vice President and Head of Telenor Region Europe.

TeliaSonera and Telenor now continues to review the strategic options in the Danish market.

Analyst and media telephone conference at 9 a.m. CET

TeliaSonera invites you to a conference call with TeliaSonera's CFO Christian Luiga.

Dial-in number: +44 (0) 1452 560304

Access code: 37601449

You can also listen to the conference call afterwards until September 17, 2015.

Replay number: +44 (0) 1452 55 0000

Access code: 37601449

TeliaSonera AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The information was submitted for publication at 8 a.m. CET on Sept 11, 2015.For more information, please contact the TeliaSonera press office 46 771 77 58 30, press@teliasonera.com, visit our Newsroom or follow us on Twitter @TeliaSoneraAB.

Forward-Looking Statements

Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of TeliaSonera.
LINK: http://www.teliasonera.com/en/newsroom/press-releases/2015/9/teliasone...
See more stories from teliasonera

More from TeliaSonera

12/04/2016

TeliaSonera s Annual General Meeting, April , 06

TeliaSonera's Annual General Meeting, April 12, 2016 12 April 2016 Today's Annual General Meeting of TeliaSonera AB (publ) decided the following: T...

11/04/2016

Strategic review of Sergel

Strategic review of Sergel 11 April 2016 TeliaSonera has initiated a strategic review of its Nordic and Baltic credit management services (CMS) and debt pur...

11/04/2016

TeliaSonera announces completion of divestment of Ncell

TeliaSonera announces completion of divestment of Ncell 11 April 2016 TeliaSonera today announces it has completed the divestment of its holding in the Nepa...

08/04/2016

Invitation to TeliaSonera s Interim Report January-March 06

Invitation to TeliaSonera's Interim Report January-March 2016 8 April 2016 TeliaSonera's Interim Report January-March 2016, will be announced on Wed...

29/03/2016

No decision on dividend at Turkcell s Ordinary General mbly

No decision on dividend at Turkcell's Ordinary General Assembly 29 March 2016 At Turkcell's Ordinary General Assembly today, no decision was made on...

22/03/2016

TeliaSonera s Annual and Sustainability Report 05 is now available at www.teliasonera.com

TeliaSonera's Annual and Sustainability Report 2015 is now available at www....

07/03/2016

Welcome to TeliaSonera s Annual General Meeting 06

Welcome to TeliaSonera's Annual General Meeting 2016 7 March 2016 The annual general meeting of TeliaSonera AB (publ) will be held on Tuesday, April 12,...

26/02/2016

Netcom changes name to Telia

Netcom changes name to Telia 26 February 2016 On March 1st NetCom, TeliaSonera's main brand in Norway, will change its name to Telia. This is a natural ...

19/02/2016

50 million connected and communicating ings in the Nordics by 00

150 million connected and communicating things in the Nordics by 2020 19 February 2016 Internet of Things (IoT) is booming in the Nordic countries. Accordin...

29/01/2016

TeliaSonera Year-end Report January-December 05

TeliaSonera Year-end Report January-December 2015 29 January 2016 Further improvements in core markets FOURTH QUARTER SUMMARY Region Eurasia is reported ...

23/01/2016

TeliaSonera and Ericon go 5G

TeliaSonera and Ericsson go 5G 22 January 2016 TeliaSonera and Ericsson have entered into a strategic partnership to let customers in Stockholm and Tallinn ...

21/01/2016

Invitation to TeliaSonera s Year-end Report January-December 05

Invitation to TeliaSonera's Year-end Report January-December 2015 21 January 2016 TeliaSonera's Year-end Report January-December 2015, will be annou...

19/01/2016

Historical pro forma figures published

Historical pro forma figures published 19 January 2016 As previously announced, TeliaSonera will report Region Eurasia as discontinued operations on separat...

14/01/2016

Region Eurasia to be reported as discontinued operations in Year-end Report 05 - results to be impacted by impairment charges

Region Eurasia to be reported as discontinued operations in Year-end Report 2015...

13/01/2016

The Nomination Committee s proposal to TeliaSonera s AGM 06

The Nomination Committee's proposal to TeliaSonera's AGM 2016 13 January 2016 The Nomination Committee today presents the proposal to TeliaSonera s ...

12/01/2016

Anders Olon appointed COO in TeliaSonera

Anders Olsson appointed COO in TeliaSonera 12 January 2016 Anders Olsson has been appointed Chief Operating Officer and Head of Global Services & Operations...

21/12/2015

TeliaSonera divests its holding in Ncell

TeliaSonera divests its holding in Ncell 21 December 2015 TeliaSonera has agreed to sell its 60.4 percent ownership in the Nepalese operator Ncell to Axiata...

19/11/2015

Enabling high end connected car features for everyone - TeliaSonera unwraps smart solution for connecting your car

Enabling high end connected car features for everyone - TeliaSonera unwraps smar...

17/11/2015

Pre invitation to TeliaSoneras IoT Symposium on November 9 - taking the connected car to the next level

Press invitation to TeliaSonera s IoT Symposium on November 19 - taking the conn...

20/10/2015

Clarification on financial reporting etc

Clarification on financial reporting etc 20 October 2015 Recently, TeliaSonera's accounting and handling of historical transactions has been criticized ...

20/10/2015

TeliaSonera Interim Report January - September 05

TeliaSonera Interim Report January - September 2015 20 October 2015 Solid core business THIRD QUARTER SUMMARY Net sales increased 6.3 percent to SEK 27,...

15/10/2015

TeliaSonera comments on open letter to the Board

TeliaSonera comments on open letter to the Board 15 October 2015 Today an open letter addressed to the TeliaSonera Board has been published by a US based fu...

09/10/2015

Invitation to TeliaSonera s Interim Report January-September 05

Invitation to TeliaSonera's Interim Report January-September 2015 9 October 2015 TeliaSonera's Interim report January-September 2015, will be announ...

08/10/2015

Sren Abildgaard appointed acting Head of combined Group Commercial-Group Technology unit

S ren Abildgaard appointed acting Head of combined Group Commercial-Group Techno...

06/10/2015

TeliaSonera executes on new strategy - Teo and Omnitel join forces

TeliaSonera executes on new strategy - Teo and Omnitel join forces 6 October 2015 TeliaSonera executes on its new strategic focus by combining its two Lithu...

28/09/2015

Changes in TeliaSonera s management team

Changes in TeliaSonera's management team 28 September 2015 TeliaSonera is combining the units Group Commercial and Group Technology into a new unit. Mal...

17/09/2015

TeliaSonera is not a long-term owner in Region Eurasia

TeliaSonera is not a long-term owner in Region Eurasia 17 September 2015 TeliaSonera will increase focus on its Regions Europe and Sweden within the strateg...

11/09/2015

TeliaSonera and Telenor widraw from merger in Denmark

TeliaSonera and Telenor withdraw from merger in Denmark 11 September 2015 TeliaSonera and Telenor today announce the withdrawal of the proposed merger of th...

17/07/2015

TeliaSonera Interim Report January - June 05

TeliaSonera Interim Report January - June 2015 17 July 2015 Executing on our strategic agenda SECOND QUARTER SUMMARY Net sales increased 8.5 percent to SE...

07/07/2015

Invitation to TeliaSonera s Interim Report January-June 05

Invitation to TeliaSonera's Interim Report January-June 2015 7 July 2015 TeliaSonera's Interim report January-June 2015, will be announced on Friday...

01/07/2015

TeliaSonera and Telenor announce first members of Joint Venture top management team

TeliaSonera and Telenor announce first members of Joint Venture top management t...

25/06/2015

Changes in Group Executive Management of TeliaSonera

Changes in Group Executive Management of TeliaSonera 25 June 2015 TeliaSonera regroup its Executive Management. H l ne Barnekow assumes the position of EVP ...

23/06/2015

Telenor and TeliaSonera comments on European Commiion Statement of Objections

Telenor and TeliaSonera comments on European Commission Statement of Objections 23 June 2015 The European Commission has today taken the next step in the in...

10/06/2015

TeliaSonera and Spotify to expand innovation partnership

TeliaSonera and Spotify to expand innovation partnership 10 June 2015 Following more than five years of successful partnership, TeliaSonera and Spotify have...

28/04/2015

TeliaSonera has acquired own shares to cover commitments under the Long Term Incentive Program 0/05

TeliaSonera has acquired own shares to cover commitments under the Long Term In...

28/04/2015

TeliaSonera exercises mandate to buy back shares to cover commitments under the Long Term Incentive Program 0/05

TeliaSonera exercises mandate to buy back shares to cover commitments under the ...

27/04/2015

Update on TeliaSonera s operations in Nepal following earquake

Update on TeliaSonera's operations in Nepal following earthquake 27 April 2015 TeliaSoneras majority owned company in Nepal, Ncell, is working around th...

21/04/2015

TeliaSonera Interim Report January - March 05

TeliaSonera Interim Report January - March 2015 21 April 2015 Progress and challenges FIRST QUARTER SUMMARY Net sales in local currencies, excluding acqui...

13/04/2015

TeliaSonera s Interim Report January-March 05

TeliaSonera's Interim Report January-March 2015 13 April 2015 TeliaSonera's Interim report January-March 2015, will be announced on Tuesday April 21...

08/04/2015

Investigation of Danish telecom merger continues

Investigation of Danish telecom merger continues 8 April 2015 The European Commission has today announced that they will open an in-depth investigation into...

08/04/2015

TeliaSonera s Annual General Meeting, April 8, 05

TeliaSonera's Annual General Meeting, April 8, 2015 8 April 2015 Today's Annual General Meeting of TeliaSonera AB (publ) decided the following: The...

26/03/2015

Turkcell General mbly Meeting approved dividends proposal

Turkcell General Assembly Meeting approved dividends proposal 26 March 2015 The General Assembly Meeting in Turkcell today adopted resolutions to distribute...

18/03/2015

TeliaSonera s Annual and Sustainability Report 04

TeliaSonera's Annual and Sustainability Report 2014 18 March 2015 TeliaSonera's Annual and Sustainability Report 2014 is now available at teliasoner...

03/03/2015

Welcome to TeliaSonera s Annual General Meeting 05

Welcome to TeliaSonera's Annual General Meeting 2015 3 March 2015 The annual general meeting of TeliaSonera AB (publ) will be held on Wednesday, April 8...

03/03/2015

0 million connected ings illustrates rapid grow of Internet of ings in Nordics

102 million connected things illustrates rapid growth of Internet of Things in Nordics 3 March 2015 The Nordic region is in pole position to capture IoT opp...

16/02/2015

TeliaSonera iues a bond of EUR 500 million

TeliaSonera issues a bond of EUR 500 million 16 February 2015 TeliaSonera today issued a bond of EUR 500 million in a 20 year deal maturing in February 2035...

05/02/2015

TeliaSonera gets approval of Tele acquisition in Norway

TeliaSonera gets approval of Tele2 acquisition in Norway 5 February 2015 The Norwegian Competition Authority approves TeliaSoneras acquisition of Tele2'...

29/01/2015

TeliaSonera Year-end Report January-December 04

TeliaSonera Year-end Report January-December 2014 29 January 2015 Foundation laid out, execution started FOURTH QUARTER SUMMARY Net sales in local currenc...

20/01/2015

TeliaSonera s Year-end Report 04

TeliaSonera's Year-end Report 2014 20 January 2015 TeliaSonera's Year-end Report January-December 2014, will be announced on Thursday January 29, 20...