Towards the merger of French and Nordic telecoms?

According to the Swedish-language newspaper in Finland Hufvudstadsbladet, France Telecom has announced its interest in moving closer to the Finnish-Swedish operator TeliaSonera. Björn Sundell wondered whether the merger would be advisable.

"This operation would not generate synergy effects. The overlap between the two entities and the potential for lower costs are too weak. In addition, following its last wave of purchases, France Telecom faces heavy debts. The French operator will therefore have difficult to get 30 billion euros needed for the acquisition of its northern counterpart …"

Read more on the site Eurotopics

Links:
France Telecom eyes Nordic rival news.bbc.co.uk
France Telecom mulls Nordic expansion chron.com