Telia gambles on ex-Telenor exec as new CEO

Telia Company has named Patrik Hofbauer as its new president and chief executive, starting next year.
Hofbauer has extensive telecoms experience, having spent 11 years in top jobs at Telenor, including serving as CEO of Telenor Sweden. He is currently chief exec of Swedish state-owned gambling company Svenska Spel.
When he takes office on 1 February, Hofbauer will replace Allison Kirkby, who takes office as the new BT Group CEO in the new year. To date, Kirkby has spent over three and a half yea