Telenor Is in Talks to Sell VimpelCom Stake, CEO Brekke Says

Updated on
  • Nordic company is seeks to sell 33% holding soon, Brekke says
  • Carrier is open to acquiring assets in Indonesia, Vietnam

Telenor ASA, the Nordic region’s largest phone company, said it’s in talks with possible bidders for its $2.42 billion stake in VimpelCom Ltd., and is targeting countries such as Vietnam and Indonesia for future growth.

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