Sale of consumer mobile customer portfolio

Published 04.12.2017 12:01

In reassessing the company’s strategy, the board of NextGenTel Holding ASA has concluded that the consumer mobile customers are of less strategic importance for the future of the NextGenTel Group. Therefore, the company has initiated a sale of this customer portfolio which counted approximately 38,000 subscriptions as of 30 September 2017. NextGenTel AS, a wholly-owned subsidiary of NextGenTel Holding ASA, has on 4 December 2017 signed an agreement to sell its consumer mobile customer portfolio to Telia Norge AS. The purchase price is minimum NOK 75 million and maximum NOK 95 million depending on the number of customers actually being migrated. The transaction is subject to approval by the Norwegian competition authorities, expected early 2018. The finalized transaction is expected to close during June 2018. 

270,600 customers in total

(Customer figures last updated as per Q1/18)

Norway consumer

Broadband 104,600

VoIP 36,300

Mobile 2,900

TV 17,600

Norway business

Internet 15,300

VoIP 7,800

Mobile 15,800

International markets

Netherlands 56,700

Denmark 9,200

Switzerland 4,100

NextGentel
NextGenTel Holding ASA | Harbitzalleen 2A, 0275 Oslo | Postboks 54 Skøyen, 0212 Oslo | Telephone: (+47) 21 96 49 09 | irSPAMFILTER@nextgentel.com | Design and development: Byte
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