Feeds

TeliaSonera chairman ousted

'Swedish political games'

  • alert
  • submit to reddit

The Power of One Infographic

Tapio Hintikka, the Finnish chairman of TeliaSonera, has been forced out of the telco in a Swedish-backed putsch.

TeliaSonera was formed in late 2002 as a merger between Finland's Sonera and Sweden's Telia. The Swedish government still owns 45.3 per cent of the combined company and the Finnish government has a 19 per cent stake.

The row kicked off when Hintikka's proposed replacement for board member Ingvar Carlsson, a former Swedish prime minister, was rejected by Swedish board members and the Swedish government.

Hintikka told the Financial Times: "I thought TeliaSonera should act purely from a business point of view. but in this nomination process I've become involved in Swedish political games and I don't like it."

He accused the Swedish government of undermining Finnish influence on the company and of viewing it as a purely Swedish enterprise, according to Finnish newswires.

The company said it will appoint another Finn to replace Hintikka on Friday. The Swedish government said he had resigned because he had lost the confidence of the board. ®

Related stories

Voda leads race for branded content services
TeliaSonera expands Euro hotspot roaming range
Telia blocks spam-sending Zombie PCs

The Essential Guide to IT Transformation

More from The Register

next story
Yorkshire cops fail to grasp principle behind BT Fon Wi-Fi network
'Prevent people that are passing by to hook up to your network', pleads plod
Major problems beset UK ISP filth filters: But it's OK, nobody uses them
It's almost as though pr0n was actually rather popular
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
Google Nest, ARM, Samsung pull out Thread to strangle ZigBee
But there's a flaw in Google's IP-based IoT system
Microsoft unsheathes cheap Android-killer: Behold, the Lumia 530
Say it with us: I'm King of the Landfill-ill-ill-ill
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
'Two-speed internet' storm turns FCC.gov into zero-speed website
Deadline for comments on net neutrality shake-up extended to Friday
Oh girl, you jus' didn't: Level 3 slaps Verizon in Netflix throttle blowup
Just hook us up to more 10Gbps ports, backbone biz yells in tit-for-tat spat
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.