TeliaSonera is to sell its stake in Infonet, USA to British Telecom
TeliaSonera is to sell its stake in Infonet, USA to British Telecom TeliaSonera AB is to sell its stake in Infonet Services Corporation (ISC) to British Telecommunications PLC (BT). Headquartered in the USA, ISC is a global provider of voice and data communications solutions. In return for the sale of its 20% holding in ISC, TeliaSonera AB will receive approximately USD 194 million in the first halfyear 2005. TeliaSonera expects a capital gain of approximately MSEK 100. The transaction is subject to approval from anti-trust and other authorities and is expected to be completed during the