Telenor’s Nordic M&A plans hinge on EU’s Spain decision

M&A is still an option for Telenor in its Nordic operations, but it is unlikely to make any move until the European Commission has decided what to do about Orange and MasMovil’s planned tie-up in Spain.
That was one of the key messages from the Norwegian operator’s third quarter results presentation this week. The quarter showed a solid performance from its four Nordic markets, but the telco is keeping its options open for the future of at least some of those businesses.
“E