TMCnet News
'Nordisk Mobiltelefon files for bankruptcy'(DMeurope Via Acquire Media NewsEdge) Nordic CDMA operator Nordisk Mobiltelefon's operating subsidiaries in Norway and Sweden, Nordisk Mobiltelefon Norge AS and Nordisk Mobiltelefon Sverige AB, have started bankruptcy proceedings. The companies' reconstruction process started in December did not meet the expected results, prompting the bankruptcy filings. The formal filing is expected to take place within a few days. The financial situation of the other companies in the group is currently under evaluation by the respective board of directors. The company offers mobile voice and data services under the brand name Ice.net in the Nordic region and also holds frequency licences in Poland, Ireland and Iceland. (Distributed for DMeurope.com via M2 Communications Ltd (www.m2.com)) Copyright ? 2009 M2 Communications Ltd. |