Sweden’s TeliaSonera has completed the sale of its 80.4% stake in Nepal’s number two telco Ncell to Malaysia’s Axiata. TeliaSonera said it has closed the transaction, announced last December, at an enterprise value of US$1.03bn for its 60.4% stake in Reynolds Holding, which owns Ncell. Under a separate but mutually conditional pact, the Swedish incumbent has received US$48m […]