Telenor acquires controlling stake in Bahnhof
The deal values Bahnhof at SEK 6.1 billion enterprise value, making Telenor Sweden's second-largest fixed broadband provider.
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Norwegian telecommunications provider
telenor.noLast updated
In short: Telenor reported a challenging quarter with lowered guidance and profit lags while undergoing major structural and portfolio shifts.
The deal values Bahnhof at SEK 6.1 billion enterprise value, making Telenor Sweden's second-largest fixed broadband provider.
The acquisition includes fiber network and 28,000 customers, strengthens position in Western Norway.
The company replaces four Business Areas with a country-centric model to accelerate execution and support value creation.
The agreement has an estimated value of 750 million kroner over four years with option for three years. It includes mobile and fixed telephony with focus on security, robustness and coverage.
Telenor ASA struck a cautious yet constructive tone in its latest earnings call, acknowledging softer near-term numbers while highlighting meaningful strategic moves. Management admitted that...
French telco €20.35bn M&A deal faces 18-month probe Telenor reports tough quarter with drops in revenue and EBITDA VMO2 reveals size of scam calls challenge...
Telenor is Norway's incumbent telecommunications operator and also operates in other Scandinavian countries and Asia. Its business is mature and growing slowly with a high...
Telenor has reported slower growth in Norway during the second quarter, citing more promotional activity in the market and the different timing of price adjustments...
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