It's in with Finn for Lattelekom

  • 1999-02-04
  • Sandra L. Medearis
RIGA - Finnish telecommunications firm Sonera announced Feb. 2 it has replaced Lattelekom CEO John Steel with its Helsinki head of international operations, Juhani Vienola, a 25-year telecommunications man and a Finn.Sonera owns 90 percent of Tilts Communication, a 49 percent shareholder of Lattelekom. The remaining stake is owned by the Latvian Finance Ministry and the Latvian Privatization Agency.For Steel, who has been on loan from former Lattelekom shareholders Cable & Wireless, the change comes earlier than expected but not as a surprise, Steel said."It was fairly obvious that owning a...
 
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