Telia, Sweden’s telecom giant, is reportedly considering selling off its broadcasting division, TV4, with negotiations in progress with potential buyers. This comes as TV4’s value declines, attributed to dwindling ad revenue and challenges with premium sports content. Critics suggest Telia misunderstood the complexities of the TV industry, with former CEO of TV4, Jan Scherman, openly critical of the acquisition.
Latest Posts:
- Understanding VoIP Regulatory Compliance – An Overview for Businesses
- CloudCasa by Catalogic Enhances Backup, Azure, and EKS Features
- u-blox Partners with Wireless Logic for Advanced IoT Solutions
- Veeam Backup for Microsoft 365 v8 Boosts Data Resilience
- Nokia and Rockwell Test Private 5G for Industrial Automation
- Verizon Acquires Frontier for $20B to Expand Fiber Reach
- AT&T Joins Kinetic: Bundled Fiber & Wireless for Rural Areas
- STT GDC Strengthens Commitment with Enhanced Sustainability Financing
- Telia to Cut 3,000 Jobs for $253M Annual Savings
Tag