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

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By Reuters
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   -   Copyright  MARKO DJURICA(Reuters)
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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)

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