Topic: Telenor

Telenor has entered into an agreement with Verdane to establish a joint ownership structure over Telenor Connexion. The transaction values the company at SEK 7.5 billion. The partnership is intended to realise value from Telenor Connexion’s strong market position while providing the company with access to long-term growth capital through an efficient ownership structure.iii

The US based start-up Telgea makes it easier for companies to manage mobile subscriptions for employees across borders. Telenor Amp is now investing USD 3 million in the company, which is raising a total of USD 5 million in its latest funding round.