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Wireless

Telia agrees to sell Turkcell shares worth SEK 4.43 bln

Thursday 4 May 2017 | 13:28 CET | News
Telia Company said that its subsidiary Sonera Holding has agreed to sell an aggregate of 155 million ordinary shares in Turkcell at TRY11.45 per share, raising gross proceeds of TRY 1.78 billion. This is equivalent to approximately SEK 4.43 billion and will have a pro forma positive effect on its net debt to EBITDA of 0.15 times.

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Categories: Mobile & Wireless
Companies: Sonera / Turkcell
Countries: Turkey
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