Telenor Common Operation

EC Approves Sale of Telenor's CEE Assets to Czech Investment Group PPF

SOFIA (Bulgaria), July 30 (SeeNews) - The European Commission said on Monday it has approved the sale of Norwegian telecommunications group Telenor's assets in Central and Eastern Europe (CEE) to Czech Republic-based investment group PPF.

"The Commission found that the proposed transaction would raise no competition concerns," the EU's executive body said in a statement.