TELIASONERA ACQUIRES AINACOM"S CONSUMER OPERATIONS AND NETWORKS
Sonera, the Finnish arm of TeliaSonera, has signed an agreement to acquire AinaCom"s consumer operations and fixed networks. In total, the price of the arrangement is 47 MEUR on a cash and debt-free basis.
AinaCom"s consumer operations include around 15 900 fixed broadband and 9 000 fixed voice subscriptions, 29 000 cable-tv subscriptions and 10 000 mobile subscriptions.
"With the agreement, Sonera strengthens its position in the Hämeenlinna region while also deepening its cooperation with AinaCom"s remaing B2B business. AinaCom"s consumer customers will be able to choose their services from the wide selection of Sonera"s fixed, broadband, tv and mobile offering," says Valdur Laid, CEO of TeliaSonera Finland from April 1st.
"Consumer business is volume driven, and we strongly believe that Sonera is the future proof choice for providing telecom services to our consumer customers in the Kanta-Häme region. For Ainacom this gives more possibilities and a boost to continue focusing on corporate clients" ICT business", says Tomi Saario, CEO of AinaCom Oy.
"Aina Group Oyj continues according to chosen strategy to invest in Hämeen Sanomat Group"s media business and Aina Com"s ICT-solutions to corporate clients. The now in Aina Com concluded transaction further strengthens ability to develop innovative corporate ICT-solutions. We are very pleased to the outcome worked together with Sonera", says Panu Ala-Nikkola, Chairman of Board at Aina Group Oyj.
The agreement includes also AinaCom"s fixed networks and related assets. The estimated net sales of the purchased operations was 16 MEUR in 2013. The agreement includes the transfer of 43 employees to Sonera.
For more information please contact:
Tomi Saario, CEO of AinaCom Oy. tel. 040 900 5637
Panu Ala-Nikkola, Chairman of Board at Aina Group Oyj, tel 050 502 4728