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Announced

CG Corp Global to acquire Moldcell from Telia Company for $31m.

Synopsis

CG Corp Global, a multinational corporate operating out of Nepal, agreed to acquire Moldcell, a mobile network operator in Moldova, from Telia Company, a Swedish-Finnish multinational telephone company, for $31m. "I’m happy to announce the completion of our journey to exit Eurasia allowing us to fully focus on the Nordic and Baltic markets. Moldcell is a well-run company with very dedicated and talented employees whom I want to thank for their outstanding contributions over the years. We wish them all the best in the company’s next phase," Christian Luiga, Telia Company President and CEO.

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