Tuesday, April 25, 2006

The return of Viking raiders?

Now on the TeliaSonera Q1 conference call, where CEO Anders Igel has clarified a headline I saw running on Bloomberg earlier. Fans of EuroTelco mutual annihilation theory will welcome the news that the company is now open to making acquisitions in Continental Europe in order to bolster its position in the Nordics. This is a EUR24bn company with very little debt, which has heretofore avoided core Europe. Oh dear.

No comments: