Telenor buys Enivest for 2.5 billion kroner
The acquisition includes fiber network and 28,000 customers, strengthens position in Western Norway.
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Norwegian telecommunications provider
telenor.noLast updated
In short: Telenor acquired Enivest and GlobalConnect's consumer business to strengthen its fiber position while trimming its financial outlook for 2026.
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.
The agreement lasts up to 11 years and includes data communication to 630 locations. It ensures robust infrastructure for digitalization and security.
Telenor, the Norwegian telecom giant, has announced its acquisition of fibre operator Enivest for $264 million, enhancing its broadband services in western Norway. This strategic...
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Telenor has announced a major organizational restructuring aimed at accelerating execution, improving operational efficiency, and strengthening long-term value creation across its telecom and digital ...
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