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June 10, 2015 07:00 am GMT

Swedens Telia Sonera Confirms Its Investing $115M In Spotify, Now Valued At $8.53B

spotifyTimed to offset the big Apple Music launch earlier this week, popular music streaming service Spotify has finally closed its latest financing round. Among the investors is Sweden’s main carrier, Telia Sonera, which today announced that it is investing $115 million for a 1.4 percent stake in the company. Telia Sonerais the only company making a public confirmation of investment at… Read More

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