Telia Company Completes Sale of Indirect Interest in Azertel to Azintelecom

March 5, 2018

S&C represented Telia Company, as joint owner of Fintur Holdings B.V. (together with Turkcell), in the sale of its 51.3 percent holding in Azertel, the sole shareholder of the Azeri telecommunications operator Azercell LLC, to Azerbaijan International Telecom LLC, a company wholly owned by the Republic of Azerbaijan, for EUR 222 million. The S&C team was led by John Horsfield-Bradbury, along with Alan Fishman.