TeliaSonera Raises Stake In Kazakh Operator GSM Kazakhstan

by Monica Gerson, Benzinga Staff Writer

December 22, 2011 4:35 AM | 14 seconds read | Make a Comment

TeliaSonera AB

TLSNY

announced its plans to acquire a further 49% of the Kazakh operator GSM Kazakhstan LLP for $1.52 billion. The deal is likely to be finalized during the first quarter of 2012. TeliaSonera shares closed at $13.15 yesterday.

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TeliaSonera Raises Stake In Kazakh Operator GSM Kazakhstan