Telenor Group has agreed to acquire a controlling stake in Swedish broadband provider Bahnhof in a transaction valuing the company at SEK 6.1 billion (€0.55bn) on an enterprise value basis. The acquisition will make Telenor Sweden’s second-largest fixed broadband provider. Completion of the acquisition, which is subject to regulatory approvals, will trigger an obligation for […]

Telenor has agreed to acquire Enivest, a fibre operator in Western Norway, in a transaction valued at NOK 2.5 billion (€0.23bn). The acquisition includes Enivest’s fibre network and approximately 28,000 customers, as well as a 34 per cent stake in Årdalsnett, which has around 3,000 customers. This strengthens Telenor’s position in a regional market and […]

The Norwegian Competition Authority has approved Telenor’s acquisition of GlobalConnect’s Norwegian fibre business for residential customers. The transaction is valued at NOK 6 billion (€0.5bn) and is approved subject to remedies. “This transaction strengthens Telenor’s position in the Norwegian broadband market and is good for customers and for market development. Whilst we disagree that remedies […]

Telenor IoT, a provider of IoT connectivity, and Sateliot, the Low Earth Orbit (LEO) satellite constellation based on the 5G standard, have announced a strategic partnership. The collaboration seeks to expand global IoT coverage, enabling standard NB‑IoT devices to transition seamlessly between terrestrial and satellite networks without proprietary hardware or custom integrations. Outside populated areas, […]

Telenor, the Norwegian multinational telco, has announced a new organisational structure which it says will “accelerate execution and support the long‑term value creation strategy”. The changes form part of the operational excellence initiatives and financial ambitions announced at the CMD. The changes support Telenor’s strategic priorities set out at the Capital Markets Day in November […]

Telenor has entered into an agreement with Verdane to establish a joint ownership structure over Telenor Connexion. The transaction values the company at SEK 7.5 billion (€0.69n). The partnership is intended to realise value from Telenor Connexion’s market position while providing the company with access to long-term growth capital through an efficient ownership structure. Over […]

Telenor IoT, a specialist in cellular IoT connectivity, has reported it now has more than 30 million connected units deployed worldwide. This achievement reflects Telenor IoT’s continued commitment to innovation, customer success, expanded partnerships, and global expansion. Over the past year, Telenor IoT says it has accelerated its growth “through strategic initiatives, reinforcing its position […]

Telenor, the Norwegian multinational telco, reports that it has started 2026 with strong Nordic growth and a solid financial position. Q4 service revenues increased by 2.6 per cent to NOK 19.8 billion (€1.7bn) compared to the same period last year, while adjusted EBITDA grew by 11.7 per cent to NOK 8.6 billion. For the full […]