save nearly 500 million Euros which would include 2900 redundancies: 2000 from Sweden and 900 from Finland. France Télécom (now Orange S.A.) proposed a 33 billion Euro acquisition offer for TeliaSonera on 5 June 2008, which was promptly rejected by the company's board. On 12 April 2016, the company was renamed to Telia Company, dropping the Sonera part, rebranding the company to aid recover after bribery and money laundering allegations. On 20 July 2018, Telia Company announced the acquisition proposal of Bonnier Broadcasting Group from Bonnier Group for 9.2 billion SEK (roughly $1 billion), thus owning TV4 AB (commercial television broadcaster in Sweden), MTV Oy (commercial television broadcaster in Finland) and C More Entertainment (pan-Nordic operator of premium television channels). The European Commission approved the deal on 12 November 2019 with certain conditions, and the acquisition was completed on 2 December that year. Ahead of the completion of Bonnier Broadcasting deal, the Telia Company nomination committee proposed on 20 October 2019, that Marie Ehrling be succeeded by Lars-Johan Jarnheimer, the former CEO of Tele2 until 2008, and then-chair of Egmont Media, as the company's board chair. The proposal was approved on 26 November that year, following the extraordinary general meeting. Meanwhile, on 24 October, Telia Company appointed Allison Kirkby, the former CEO of Tele2 from 2015 until 2018 and then went on to become the president and CEO of TDC, as the company's new president and CEO. Kirkby assumed office on 4 May 2020. On 6 October 2020, Telia Company agreed to sell its Internet backbone unit Telia Carrier to Polhem Infra for roughly US$1 billion. The sale was completed on 1 June 2021. Operations Telia Company is the largest Nordic and Baltic fixed-voice, broadband, and mobile operator by revenue and customer base. It also owns a TV-media operation which includes TV4 in Sweden and MTV in Finland as well as C More. Telia mobile telephone business in Europe:(Estonia, Latvia, Lithuania and Sweden) Leader company. (Finland, Norway) second company. (Denmark) third company. Denmark In Denmark, Telia Company operates a mobile operator (Telia), a mobile virtual network operator (Call Me), and a broadband supplier (Telia). The company started in 1995, the result of a merger between Telia Stofa and TeliaSonera. Telia Mobile is the third-largest operator and is in fierce competition with Telenor, which is number two in the market. Telia was the fourth operator to launch 3G services and is