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Investegate |Telenor Announcements | Telenor: Telenor establishes fibre company in Norway

Telenor establishes fibre company in Norway

(Fornebu 7 September 2022) Telenor enters into a transaction supporting future investments in Norway's telecom infrastructure. Earlier this year, Telenor initiated a process of evaluating the establishment

KKR : Telenor establishes fibre company in Norway; Consortium led by KKR acquires 30%read

Merger of convenience

The planned merger of Total Access Communication Plc (DTAC) and True Corporation has led to criticism of potential market dominance as well as an understanding of the firms' business needs, but the move sends a clear signal that the telecom business may not be as promising as it used to be.

Merger details emerge

The new company that will be formed through the merger of True Corporation Plc and Total Access Communication (DTAC) Plc will have a 33.1% stake equally held by Charoen Pokphand (CP) Group and Norway's Telenor, according to an analyst with knowledge of the deal.

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