Financial Times FT.com

Swedish army at ease over Telia

By Robert Anderson

Published: June 14 2008 03:00 | Last updated: June 14 2008 03:00

Sweden's armed forces have cleared the way for the full privatisation of TeliaSonera to go forward, removing a potential obstacle to France Telecom's $41bn takeover bid for the Nordic operator.

"The Swedish armed forces believe that a change in ownership of TeliaSonera AB is possible from a security point of view - provided that necessary measures are taken to ensure the security of the Swedish armed forces and other authorities," concluded their report delivered to the government yesterday.

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