Telia starts infrastructure subsidiary
AFP · 24 Sep 2007, 12:29
Published: 24 Sep 2007 12:29 GMT+02:00
It said the infrastructure company, which will launch operations in the fourth quarter, will sell its products on equal terms to TeliaSonera's wholesale customers and the company's own operations.
"TeliaSonera establishes the new infrastructure company in order to ensure that the market's requirement for transparency and full control is met. This means that all operators and our own operations are treated equally," the company said.
The company also said it would be able to run its infrastructure operations "more efficiently" through a separate company.
"We understand that the company will be responsible for a major part of the Swedish infrastructure and that therefore there is general interest in how the operations are conducted," it said.
The subsidiary is to control the company's copper, fibre networks and multiplexing assets.