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11 March 2014
| Sophie Donoghue
The Finnish arm of TeliaSonera, Sonera, is set to strengthen its position in the Finnish market by acquiring Norway-based AinaCom’s consumer operations and fixed network business.
The Finnish operator expects the
€47 million acquisition to generate savings.
"With the agreement, Sonera strengthens its position in the
Hämeenlinna region while also deepening its co-operation
with AinaCom’s remaining B2B business," said
Valdur Laid, who has been appointed head of TeliaSonera Finland
from April this year.
The deal includes 15,900 fixed broadband subscriptions, 9,000
fixed voice subscriptions, 29,000 cable TV subscriptions and
10,000 mobile subscriptions.
The deal also incorporates the transfer of employment for 43
people from AinaCom to Sonera.