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The Kelsey Report® Advisory

Telenor Media Espana Ceases Operations
Bobbi Loy-Luster , 1/30/2002

Issue: Tu Distrito's Exit Creates Opportunity for TPI, Indice

News: Upon 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.

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