When Marianne Nivert retires as CEO of Telia next month, she will hand over a company in flux to her successor, Anders Igel. The main cause of uncertainty is the Swedish operator's planned merger with Sonera of Finland―which is still awaiting the approval of the European Commission. Telia's first quarter results have also given cause for concern for the investment community. Telia has faced competitive pressure in its home market for a number of years. Sweden underwent de facto liberalisation in the early 1990s ahead of the rest of Europe, although many would contend that the market has not yet experienced the full competitive onslaught seen in countries such as Germany.
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