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Norway , Friday 17 April 2026

Telenor Divests 30% Of Norway Fiber Company for $1B

Published on: Thursday 06 October 2022

Telenor Divests 30% Of Norway Fiber Company for $1B Telenor ASA (OTC: TELNF) (OTC: TELNY) agreed to divest a minority stake in its Norway fiber assets to a consortium led by KKR & Co Inc (NYSE: KKR) and Oslo Pensjonsforsikring for 10.8 billion kroner ($1 billion). The deal is part of a strategy by Norway’s biggest telecommunications company to highlight the value of its infrastructure and free up capital to lay down more fiber in the country, Bloomberg reports. The price represents an enterprise...


News source: https://www.msn.com/en-us/money/other/telenor-divests-30-of-norway-fiber-company-for-1b/ar-AA12Hx2S

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