Nordic telecom firm TeliaSonera has been hit with new revelations about suspicious business practices in Asia, this time stemming from a complex deal with a firm tied to the former ruling family in Nepal.
TeliaSonera CEO Lars Nyberg will be leaving his post early in the wake of bribery scandals and the Nordic telecom firm's dealings with dictators. A search for his replacement is already underway.
Sweden has seen a decrease of around 10 percent in cash usage nationwide over the past five years, a trend that has prompted more and more shops to accept only cards at the counter.
The Swedish prosecution authority has launched a preliminary corruption probe into TeliaSonera's licence acquisition in Uzbekistan, the Finnish-Swedish telecom operator said on Wednesday.
Swedish telecom operator Telia has backtracked on a proposal from March to implement technologies that would have blocked mobile phone users in Sweden from making free calls using services like Skype and Viber, but has announced a hike in data prices.
The CEO of TeliaSonera, the Nordic telecoms firm in which the Swedish state has the largest ownership stake, said he was prepared to resign should new money laundering and bribery accusations related to the firm's contracts in Uzbekistan prove true.
It's been 30 years since since Swedish technology and initiative helped launch a bold, but modest initiative which marked the start of he modern era of mobile telephony, The Local's <b>Joel Linde</b> explains.
Nordic telecoms giant TeliaSonera on Tuesday posted a small drop in its first quarter net profit and sales and revised down its full-year sales expectations due to slower growth and currency fluctuations.
The Swedish government confirmed on Friday that it had raised 19 billion kronor ($2.94 billion) on the sale of 255 million of its shares in Nordic banking giant Nordea.
Champagne glass in one hand and a cell phone in the other. This year New Year's Eve broke all previous records in number of text and photo messages sent.
Swedish television and internet company Com Hem is up for sale and expected to fetch 13 billion ($1.89 billion) to 18 billion kronor, newspaper Dagens Industri (DI) reported on Friday.
A Stockholm hotel has launched a new pilot security system enabling guests to open their rooms, and even check in and out, with the help of their mobile phones, the participating companies said Tuesday.
A subsidiary of Swedish phone giant TeliaSonera has enabled Mount Everest climbers to surf the web from their mobile phones and make video calls back home from the top of the world’s tallest peak.
Nordic telecoms giant TeliaSonera said on Monday that sales of smartphones, coupled with growth in eastern Europe and Asia, boosted third-quarter profits and its outlook for fiscal-year results.
Sweden's new financial markets minister Peter Norman was on Monday unwilling to promise that share holdings in Nordea, SBAB and Telia, would be sold off during the current mandate period.
Swedish-Finnish telecom firm Telia Sonera has landed in a tax battle in Georgia after its Geocell subsidiary was served with a 450 million kronor ($63 million) penalty by local tax authorities.
Swedish-Finnish telecom firm Telia Sonera has reported a profit after financial items of 6.98 billion kronor ($947 million) for the final quarter 2009, up from 6.58 billion in the corresponding period of 2008.
Customers from the leading Swedish mobile providers Tele2, Telia, Telenor and 3 sent more than 76 million Christmas greetings via text message, creating a new Swedish record for SMS traffic on Christmas Eve.
Some of Sweden's largest internet service providers have made it clear that they would not support an agreement to combat file sharing similar to one recently reached in the UK.
France Telecom is preparing for a possible bidding war for Telia Sonera with Norwegian telecom operator Telenor, according to the Financial Times newspaper.
France Telecom on Thursday offered €33 billion ($51 billion) for Swedish-Finnish operator TeliaSonera in a bid to create the world's fourth-biggest mobile operator, but the proposal was immediately rejected.
