TeliaSonera reportedly looks to sell Yoigo

Reuters is reporting that Swedish telecommunications company TeliaSonera (OMX: TLSN) is seeking to divest its non-core 76% stake in Spanish mobile operator Yoigo. Reuters confirmed this from four different sources, who said the deal might be valued close to a billion Euros. The article lists several potential suitors but cautions that TeliaSonera is under no stress to hurry a sale. It is positioning itself to maintain strength in the Nordic markets and seek growth in selected markets in central Asia.