Telia raises funds from towers, Latvia B2B sale
Telia boosted its coffers with the completion deals covering its Swedish towers and enterprise-focused unit in Latvia.
Source: mobileworldlive.com
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Telia boosted its coffers with the completion deals covering its Swedish towers and enterprise-focused unit in Latvia.
Telia Company has entered into an agreement to sell Telia Latvija SIA (Telia Latvia) to Tet SIA (Tet) for an enterprise value of €10.75 million in cash.
Telia Company will retain an interest in Telia Latvia through its minority stake in buyer Tet and also retains 60.3% of mobile operator LMT.
Telia Latvia was founded in 1992 and is today a leading B2B (business-to-business) telecom services provider.