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Telenor and TeliaSonera withdraw from merger in Denmark

Staff writer |
Telenor and TeliaSonera announced the withdrawal of the proposed merger of their respective business units in Denmark.

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The companies have not been able to agree with the European Commission on acceptable conditions to go ahead with their plan to create a robust mobile operator.

In December last year, Telenor and TeliaSonera reached an agreement to merge their Danish operations. The new joint venture would have created a mobile operator that would be able to increase investments in networks and technology, to the benefit of the Danish customers.

“Since the beginning, we have been strong advocates for the need to increase investment levels in Denmark.

"In our view, creating a market player with the scale and ability to compete and invest would ensure that customers and businesses would benefit from better quality, speed and coverage,” says Robert Andersson, executive vice president and head of Region Europe in TeliaSonera.

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