Topic: Sweden

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 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 to make a mandatory cash offer to all shareholders of Bahnhof.

As the focus of Sweden’s political, business and academic leaders turns to the annual Almedalen discussion forum on Gotland today, Ericsson, Telia and other partners are demonstrating their commitment to the country’s future digital competitiveness by announcing a new national connectivity and next-generation test center.