Telenor still studying deals after failed Axiata M&A - CEO

Telenor still studying deals after failed Axiata M&A - CEO
Telenor's logo is seen in central Belgrade, Serbia, March 21, 2018. REUTERS/Marko Djurica/Files -
Euronews logo
Text size Aa Aa

OSLO (Reuters) – Telenor <TEL.OL> is still interested in potential mergers and acquisitions following the failed merger of its Asian business with Malaysia’s Axiata <AXIA.KL>, the Norwegian telecoms firm said on Wednesday.

“We will be looking at value creating opportunities,” Chief Executive Sigve Brekke told a conference call.

He declined to elaborate on what those opportunities could be.

(Reporting by Terje Solsvik, editing by Nerijus Adomaitis)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.
Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.