Extending fiber integration to 2027
Telenor appears to be moving toward finalising the acquisition of GlobalConnect’s Norwegian residential fibre business in the first quarter of 2027, after completing the required divestments of certain customer groups and network assets.
Public reports show that the competition authority has approved Telia and NextGenTel as buyers of the mandated fibre and customer portfolios, and that the closing date has been pushed from autumn 2026 to Q1 2027 with a reduced customer base and adjusted purchase price.
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Telenor now expects to complete the purchase of GlobalConnect’s Norwegian residential fibre business in the first quarter of 2027, later than the previously communicated autumn 2026 timeline, with fewer customers and an adjusted purchase price due to remedial measures.
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The Competition Authority approved Telia and NextGenTel as buyers of the fibre network and customers that must be sold before Telenor can complete the acquisition of GlobalConnect’s private customer business, and Telenor has committed to open GlobalConnect’s fibre network to competing providers.
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Telecom Revy reported that Telia will acquire around 6 000 private customers in Northern Norway and Eastern Norway, while NextGenTel will acquire about 8 000 customers receiving broadband via Telenor’s fibre network.
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Digi.no notes that Telenor still needs to sell parts of the GlobalConnect portfolio to Telia and NextGenTel, including fibre network and customer groups in Eastern Norway, Northern Norway, and on Telenor’s own fibre network.