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Sonera sells VoiceStream stake

HELSINKI, Finland-European wireless operator Sonera Corp. sold 17.4 percent of its interest in VoiceStream Wireless Corp. to Germany’s Deutsche Telekom for approximately $319 million.

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Sonera said it would use the proceeds from the sale to reduce its debt. Sonera also said it plans to sell its stake in Powertel Inc. to Deutsche Telekom.

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