Wednesday, February 08, 2006

Scandinavia: Telenor Aims to Gain Control of Glocalnet

A UPI newsbrief, via PhysOrg.com, reports that:

Telenor Wednesday made an offer for all outstanding shares in Glocalnet, a Swedish broadband provider.

The Norwegian telecommunications group has had a 36.6-percent stake in Glocalnet since 2002, and it will now be taking control of the company.

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