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Telenor sells up, GTS expands

8 Dec 2005

Telenor has sold off its interests in alternative telcos Nextra and Telenor Networks in the Czech Republic and Slovakia. The units, which provide business and data services, have been acquired by GTS Novera for an undisclosed sum. GTS Novera, the leading Czech alternative operator, was formed from the merger earlier this year of GTS Czech and Aliatel. The deals with Telenor follow on from last week’s acquisition of TDC’s Czech division Contactel.

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