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HomeBusinessTelenor CEO eyes strategic resolution for Pakistan industry by way of year-end

Telenor CEO eyes strategic resolution for Pakistan industry by way of year-end

CEO of Telenor, Sigve Brekke reacts all through a information convention held in Helsinki, Finland April 9, 2019. Lehtikuva/Roni Rekomaa by way of REUTERS/Record Photograph Achieve Licensing Rights

OSLO, Oct 25 (Reuters) – Norwegian telecoms operator Telenor (TEL.OL) hopes to come to a decision on a strategic resolution for its Pakistan industry prior to year-end, the corporate’s CEO informed Reuters on Wednesday.

“We’re in touch with many events now, which is why I say I am relatively constructive that we will be able to by way of the tip of the 12 months have a last resolution,” CEO Sigve Brekke mentioned.

The 3 choices are a merger very similar to what Telenor has already completed for different portions of its Asia companies, a sale, or to proceed however in a special operational type, he added.

Reporting by way of Victoria Klesty, enhancing by way of Terje Solsvik

Our Requirements: The Thomson Reuters Believe Ideas.

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