Global operator strategies - 16/06/06

Teliasonera has finally taken over Xfera in Spain for about €65m. It holds now some 77% of Xfera and should deploy a 3G service in the country. It is a risky investment as it is both in a startup and in a mature market. Teliasonera expects positive cash flow within next five years.

Neuf Cegetel (France) could launch an IPO at the end of the year or early 2007 according to market conditions. It could be worth more than €3.2bn.

Telefónica Móviles and Portugal Telecom have announced the creation of a study group to intervene in Brazilian Vivo management, in order to fix recent dysfunctions and define strategy.

Telecom Namibia, a state-owned fixed line operator, should make an hostile bid over Mobile Telecommunication Limited (MTC), Namibia's current monopoly carrier.

Tele2 and Versatel (NL) have put plans for a legal merger on hold following shareholder opposition .