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CEO of Telenor, Sigve Brekke reacts during a news conference held in Helsinki, Finland April 9, 2019. Lehtikuva/Roni Rekomaa via REUTERS/File Photo Acquire Licensing Rights
OSLO, Oct 25 (Reuters) – Norwegian telecoms operator Telenor (TEL.OL) hopes to decide on a strategic solution for its Pakistan business before year-end, the company’s CEO told Reuters on Wednesday.
“We are in contact with many parties now, which is why I say I’m rather optimistic that we will by the end of the year have a final solution,” CEO Sigve Brekke said.
The three options are a merger similar to what Telenor has already done for other parts of its Asia businesses, a sale, or to continue but in a different operational model, he added.
Reporting by Victoria Klesty, editing by Terje Solsvik
Our Standards: The Thomson Reuters Trust Principles.
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