Swedish-Finnish telecom operator TeliaSonera AB TLSN (SWEDEN), the biggest in northern Europe, forced its chief executive Anders Igel to resign, effective July 31. Igel had been CEO of the firm since 2002 when Swedish Telia and Finnish Sonera merged in 2002. For some time now, Igel has been under pressure from shareholders, employees and members of the board. A key criticism has been speed with which he has moved to set new priorities and the pace he has followed in carrying out existing...
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Kai-Uwe Ricke, seen here when he was chairman of Deutsche Telekom in 2006. The weekly Der Spiegel, in its edition appearing on Monday, alleges that Ricke and Klaus Zumwinkel, who headed the supervisory board, ...