Telia debut a relief to telecoms sector

Swedish telecoms group Telia, which holds a 14 per cent stake in Eircom, made a strong market debut yesterday, showing that some…

Swedish telecoms group Telia, which holds a 14 per cent stake in Eircom, made a strong market debut yesterday, showing that some investors at least are keen to dip back into volatile telecoms stocks. Analysts said yesterday the success of Telia, Sweden's biggest privatisation to date, had triggered relief in the investment community - although it was still early days.

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