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Telia to appeal Swedish 3G licence loss

Sweden’s national telecoms carrier Telia is to appeal the Swedish government’s decision not to award the company a third-generation mobile licence.

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LONDON (Brand Republic) – Sweden’s national telecoms carrier Telia is to appeal the Swedish government’s decision not to award the company a third-generation mobile licence.

Telia’s share price plunged 17% to 49 Swedish Krona (£3.43) yesterday after the news that Telia was to become the first national telecoms firm not to win a UMTS licence in its own country.



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