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Telenor Norway mulls appeal as NOK 788 mln competition fine is upheld

2019-06-20 09:32:00| Telecompaper Headlines

(Telecompaper) Telenor said that the Competition Complaint Board has upheld the Competition Authority's decision to impose an administrative fine of NOK 788 million on the operator for creating barriers to the creation of a third mobile network in Norway. Telenor had submitted an appeal against the fine in December 2018. CEO Petter-Bore Furberg said the Complaint Board decision had not been unanimous and Telenor has three months to appeal.

Tags: fine competition norway appeal

 

Telenor and Axiata aim for rapid expansion in SE Asia through JV tie-up

2019-05-07 02:00:00| Total Telecom industry news

Norway’s biggest teclo, Telenor, is looking to dramatically boost its overseas offering by launching a new joint venture that would attract over 300 million customers in Southeast Asia…read more on TotalTele.com »

Tags: through asia aim expansion

 
 

Telenor to merge Asian operations with Axiata, sees USD 5 bln in synergies

2019-05-06 09:26:00| Telecompaper Headlines

(Telecompaper) Telenor Group and Axiata Group announced talks on a potential non-cash merger of their telecom and infrastructure assets in Asia, in which Telenor would take a majority stake. The MergeCo would have its HQ in Malaysia and would serve nearly 300 million customers using approximately 60,000 towers in nine countries in Asia. 

Tags: operations usd asian sees

 

Telenor and Axiata enter discussions to merge Asian operations

2019-05-06 07:30:56| Digital TV News

Telenor and Axiata Group are in discussions regarding a potential non-cash combination of their telecom and infrastructure assets in Asia, in which Telenor would take a majority stake. It is anticipated that Telenor will own 56.5% and Axiata will own 43.5%.

Tags: enter operations discussions asian

 

Telenor enters Finland with acquisition of 54% of DNA for EUR 1.5 bln

2019-04-09 10:41:00| Telecompaper Headlines

(Telecompaper) Telenor Group said it has agreed to acquire 54 percent of the shares in the Finnish telecom operator DNA for EUR 20.90 each in cash, or a total of EUR 1.5 billion. The acquisition is through separate agreements with DNA's two largest shareholders, Finda Telecoms and PHP Holding, which own 28.3 percent and 25.8 percent respectively. Completion would trigger a mandatory public buy-out offer of the remaining DNA shares at the same price.

Tags: eur dna finland acquisition

 

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