Finnish Government Selling TeliaSonera

Decision of Finnish government to sell 250 million shares of TeliaSonera will have an effect on price of the stock. On the long run this is good news for the company, because no matter what they say, government can be bit over concerned with workers policies and other meaningless stuff like that. Europe is full of telecoms, which have government as a major stock owner. This will further open the way for acquisitions. TeliaSonera is gushing cash and it has strong presence on few markets, furthermore the market valuation is average so it would be a smart move for a big company like Telefonica to make the move. Maybe we will see an Asian operator moving to Europe or how about an American company. There are lots of choices so keep checking those financial pages.

Ok, I didn't really mean what I said about meaningless stuff...