Damberg: No immediate plans to sell

Johan Dennelind, the chief executive of Telia Company, has confirmed that the operator is interested in acquiring Denmark’s TDC, but that the price is too high. One major uncertainty for Telia is whether the Swedish government will agree to a rights issue to finance such a deal, which would dilute the state’s 37.3% stake in the operator. Enterprise Minister Mikael Damberg is reticent, merely saying that the government would be prepared to discuss the issue with Telia, and that it has no immediate plans to divest its holding.