Issue: Tu Distrito's
Exit Creates Opportunity for TPI, Indice
finalizing its acquisition of Telenor Media in November 2001, American
venture capital firm Texas Pacific Group wasted no time in identifying
inefficient aspects of Telenor Media's business. Accordingly, Telenor
Media ceased running its directory operations in Spain as of January 1,
2002. Telenor Media Espana did business there under the brand Tu Distrito,
publishing 112 directories that covered 300 municipalities.