Nordisk Mobiltelefon (Ice.net) bankrupt

23 Feb 2009

Wireless broadband operator Nordisk Mobiltelefon has filed for bankruptcy in Norway and Sweden, after an unsuccessful financial reconstruction process which began last December in both countries. The company offers wireless broadband data and voice services based on 450MHz CDMA2000 1xEV-DO Rev A technology in Norway, Sweden and Denmark under the Ice.net banner, and also has subsidiaries in Poland, Ireland and Iceland (where it owns radio frequencies through a joint venture with Icelandic operator Siminn). The financial plans for the subsidiaries outside of Sweden and Norway are yet to be decided. US-based chipmaker Qualcomm is amongst Nordisk Mobiltelefon’s shareholders.

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