TeliaSonera AB (TLSN, TLSNF.PK, TEE.L) said its subsidiary, NextGenTel has acquired the broadband and VOIP business of Tele2 Norway. The company will pay a price of NOK 100 million for the business in cash.
The acquisition requires the approval of the Norwegian Competition Authority.
Hakan Dahlstrom, president of Broadband services at TeliaSonera, stated, "The broadband and VOIP business of Tele2 Norway is an attractive asset that will strengthen our position in the Norwegian market. The increased customer base will also result in improved capacity utilization of the network."
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