Sigve Brekke

Telenor takes on Telia with $3.1bn DNA acquisition

Norwegian telco Telenor has unveiled plans to acquire a majority 54% stake in Finland’s DNA for $3.1 billion. The move is widely interpreted in the financial media as a bid to rival Swedish counterpart Telia dominance in the Nordic region. Although the price is a bit higher than expected, DNA is an attractive broad-based business. […]