the Case is updated.
the Purchase of the Norwegian mobiltelefoniselskapet Phonero will give the new company about 27 per cent in the market share of the Norwegian business market, according to a press release from Telia.
the Purchase will strengthen Telias position, and we will seriously become a potent challenger to Telenor is also in the business market, ” says Abraham Foss, managing director of Telia Norway.
the Sale and purchase agreement is conditional upon acceptance from the Competition authority, and is expected to be completed during the first quarter of 2017.
Telia expects the acquisition will generate annual konstandssynergier the equivalent of 400 million. The lion’s share of the cost savings come from transferring traffic to Telias network with full effect as from 2018.
Built up milliardselskap
Phonero was established in 2008 and quickly took the gulp from the Norwegian business market. The company provides telecommunication services to businesses and public enterprises in Norway.
the Company’s customer base consists of the 25,000 companies with around 250.000 mobile, according to the press release.
Phonero turnover 1.104 million in tolvmånedersperioden that ended 30. June 2016, and set again with an adjusted operating profit of nok 217 million.
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