Little chance of 4-to-3 merger in Swedish telecoms market: Telia

BERLIN: There is little chance of a merger that would cut the number of mobile operators in Sweden from four to three, according to market leader Telia’s new CEO Allison Kirkby, who did a similar deal in the Netherlands in an earlier job.

The Scottish restructuring specialist, who took charge at Telia this year and previously ran Tele2, has acted swiftly to shed overseas assets and refocus Telia as a Nordic regional player.

At Tele2, Kirkby pulled off the sale of its struggling Dutch subsidiary to Germany’s Deutsche Telekom in a so-called four-to-three deal that passed muster with EU competition regulators.