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Mariana [72]
3 years ago
8

Given the institutional differences between European and Eurasia markets, what are the main challenges faced by TeliaSonera in E

urasia?
Business
1 answer:
Reptile [31]3 years ago
6 0

Answer:

The European market and Eurasia markets are different in many ways.

Explanation:

The legal, economic and the regulatory systems in each of the country in Eurasia are highly bureaucratic, although market economy is in different phase transition. The operation of TeliaSonera in Eurasia tries to utilize the know-how mainly in communication, investments and infrastructure where institutional framework are in transitional phase from planned to the market economy and is its weaker than in Europe.

TeliaSonera, due to their weak institutional regulations and settings, faces challenges in Eurasia specially in the former USSR.

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