June 30 - 10:00am EDT   TeliaSonera today confirmed late-breaking rumors on Monday with the announcement that France Telecom has withdrawn its takeover bid for the company, putting an end to the potentially significant merger of the two companies. Sweden-based TeliaSonera maintains that France Telecom has not "significantly" improved its bid that was hinted at on Sunday and insists that the French firm would have undervalued TeliaSonera, which claims that it's strong enough without other companies' help. [full story]

June 29 - 11:50pm EDT   France Telecom has increased the value of a takeover bid for TeliaSonera to where the two are now in serious talks, according to word from alleged sources of the Wall Street Journal. The French company, which runs the Orange brand worldwide, is said to have increased its offer per share to a level that Sweden-based TeliaSonera is no longer dismissing a takeover offer out of hand, as it did earlier this month. The talks are reported as fragile and could break off at any moment, with France Telecom having set a Monday deadline for itself if no deal is struck by that point. [full story]

June 10 - 9:05am EDT   Norway's Telenor has expressed interest in buying its Scandinavian competitor TeliaSonera in light of the latter's rejecting an initial France Telecom bid, TeliaSonera board member Elof Isaksson says. He declines to elaborate on the seriousness of the deal but is supported by Norwegian industry committee chair Ola Borten Moe, who says the union of the two telecoms companies would be beneficial. The Norwegian government owns a majority stake in Telenor. [full story]

June 5 - 12:45pm EDT   France Telecom has entered negotiations to buy Sweden's TeliaSonera, writes the Wall Street Journal. Although no formal offer has been made, France Telecom says it has begun discussing the idea with TeliaSonera's board of directors, as well as its two biggest shareholders. A combination cash and share offer has been proposed, valued at 39 percent over TeliaSonera's share price on April 15th; when considered with its present stock value, this makes the deal worth approximately 252 billion kronor, or $42 billion. [full story]