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Battle looms over Swedish Tele2’s $3.5bn business in Russia
30.03.2013. | Swedish Nordic telecom is exiting the Russian market and selling its subsidiary Tele2. Competition is growing among potential buyers: VTB reportedly agreed the deal, but now faces a rival offer 30 percent above the $3.5-billion valuation of the business.
The company said on Wednesday it planned to sell Tele2, Russia's fourth-biggest mobile operator......