Tele2 to Acquire Majority in Kazakhi Mobile Operator Neo

Summary


MANAVIGATOR-December 14, 2009-Tele2 to acquire majority in Kazakhi mobile operator NEO (C)2010 M2 COMMUNICATIONS http:// www.m2.com

Swedish telecomms operator Tele2 AB (STO:TEL2 B) said Monday it has inked a deal to acquire a 51% stake in Kazakhstan-based mobile operator NEO for SEK55m (USD7.7m/EUR5.3m) in cash.

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Tele2 to Acquire Majority in Kazakhi Mobile Operator Neo

In addition, Tele2 will inject SEK360...

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