Finnish Telecom Operator TeliaSonera sells stake in Nepalese operator Ncell

Q.  Which firm has TeliaSonera sold its stake in Nepalese operator Ncell?
- Published on 22 Dec 15

a. Aviata
b. Axiata
c. Vodafone
d. Nokia

ANSWER: Axiata
 
Finnish-Swedish telecoms operator TeliaSonera sold its stake in Nepalese operator Ncell to Axiata from Malaysia, a large telecom company for 948 million euros. TeliaSonera has held 60.4% of Ncell’s capital and also sold its holding in a local vehicle which holds 20% of Ncell.

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