Telenor, the Norwegian telecommunications concern newly listed on stock exchanges in New York and Oslo, is selling its 10-percent interest in the private German telecom provider Viag, thereby freeing up USD 2.3 billion (NOK 20 billion) in much-needed cash. By comparison, the company raised USD 1.7 (NOK 15 billion) in its recent stock offering. The … Continue reading Telenor bows out of Viag, takes cash