EQT acquires Norwegian operator Ventelo for NOK 1.8 bln

Wednesday 21 December 2011 | 12:46 CET | News
EQT VI has agreed to acquire Norwegian operator Ventelo from BKK, Troms Kraft, Agder Energi, NTE, Eidsiva Bredband and Altibox for an equity value of up to NOK 1.8 billion. Ventelo is Norway's second largest provider of data and telecom services, in addition to controlling one of only two nationwide fibre networks in Norway, with metro ring networks in the largest cities. Ventelo expects revenues in 2011 of NOK 2.6 billion and EBITDA of approximately NOK 400 million. EQT VI's strategy is to significantly strengthen the fibre network offering to Norwegian companies and organisations by

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Categories: Fixed
Companies: Altibox / Ventelo
Countries: Norway
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