Assisting Telenor with its acquisition of GlobalConnect's Norwegian consumer business

We are pleased to have advised Telenor on its acquisition of the consumer business in Norway, valued at NOK 6 billion. The business includes around 140,000 customers and fibre infrastructure, and strengthens Telenor's position in the fragmented Norwegian fibre market, in line with Telenor's strategy to grow its fibre footprint and improve its operational scale. 

The transaction is subject to clearance from the Norwegian Competition Authority.

The core transaction team from Wikborg Rein was led by Alexander Bernhard Wintervold, Mads Magnussen and Ole Henrik Wille as responsible partner. 

• Telenor.no (link)