Telia completed the sale of its business in Denmark to energy and broadband player Noryls for around DKK6.3 billion ($902.2 million), with the cash set to be used to cut debt at the operator group.
The deal was announced last April and had been expected to close in Q1 2024. Regulators approved the sale in February.
In a statement Telia explained the move was part of a strategy to focus on markets where there is “a clear path to securing and defending leading positions”.
Telia president and CEO Patrik Hofbauer called the sale a “significant milestone,” with its former customers expected to “benefit from gaining access to a broader set of products and services from Denmark’s largest integrated energy and telecommunications group.”
In its statement Norlys EVP and chief commercial officer Claus Flyger Pejstrup said it was “fantastically gratifying that we now stand with the keys in hand,” adding the company was “gaining a whole new relevance as a supplier of a full range of energy and telecommunications products for the home and business”.
Alongside expanding its range to include products currently offered by Telia, Norlys plans to use its new 31-strong retail footprint to sell products from the rest of its portfolio.
GSMA Intelligence places Telia’s former operation in Denmark as the fourth largest in the country by connections with almost 1.3 million as of Q1 2024. The market is led by TDC brand YouSee with 3.3 million, followed by Telenor (1.7 million) and CK Hutchison’s local unit (1.6 million).
The post Telia finalises Denmark departure appeared first on Mobile World Live.
Commercials Cooperation Advertisements:
(1) IT Teacher IT Freelance
立刻註冊及報名電腦補習課程吧!
电子计算机 -教育 -IT 電腦班” ( IT電腦補習 ) 提供一個方便的电子计算机 教育平台, 為大家配對信息技术, 電腦 老師, IT freelance 和 programming expert. 讓大家方便地就能找到合適的電腦補習, 電腦班, 家教, 私人老師.
We are a education and information platform which you can find a IT private tutorial teacher or freelance.
Also we provide different information about information technology, Computer, programming, mobile, Android, apple, game, movie, anime, animation…
(2) ITSec
www.ITSeceu.uk
Secure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers.
ITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training.
Contact us right away.
Email (Prefer using email to contact us):
SalesExecutive@ITSec.vip