STOCKHOLM (Dow Jones)--Swedish telecommunications operator TeliaSonera AB (TLSN.SK) Tuesday said it has acquired the wireless local area network infrastructures and customer relations of Danish YesIHotspot, a supplier of wireless internet connections.
Financial details weren't disclosed.
The YesIHotspot takeover means TeliaSonera now has 180 hotspots and a nationwide EDGE network, or broadband access via a mobile network, in Denmark.
This gives TeliaSonera a platform to challenge for market share on the Danish wireless broadband market, the company said.
A hotspot is a limited geographical area where a user can access a broadband network via a high-speed wireless connection.
The acquisition of YesIHotspot gives TeliaSonera 1,100 hotspots in the Nordic region and 25,000 worldwide in collaboration with roaming partners, which thereby strengthens the company's position as a Nordic supplier of hotspots.
The acquisition of YesIHotspot is the first step towards a launch of Telia HomeRun in the Danish market, the company said.
HomeRun is TeliaSoneras' WLAN service.
TeliaSonera expect to launch this service in Denmark at some time in the near future.
"People in the Nordic countries are increasingly mobile and we are also seeing a growing trend towards working away from the office. This is a development that we anticipate will continue to mature in line with the increasing popularity of WiFi-enabled laptops and for this reason we have high hopes of additional growth opportunities from this segment of the market," said Terje Christoffersen, group vice-president of marketing, products and services.
(END) Dow Jones Newswires
January 31, 2006 04:06 ET (09:06 GMT)
