Nordic telecoms group Telenor has acquired Danish discount mobile operator BiBoB for DKK93 million (17.04 million). Telenor already has a foothold in the Danish telecoms market through its subsidiary Telenor Denmark, which includes Tele2 Denmark and mobile operator Sonofon, and low-price mobile operator CBB Mobil and broadband provider Cybercity. Henrik Clausen, CEO of Telenor Denmark, commented on the acquisition: ‘BiBoB has achieved fair results in a record time and has set up a sound mobile business with 69,000 customers. We will continue this work and will further expand the BiBoB brand.’ According to TeleGeography’s GlobalComms database, Sonofon had a wireless subscriber base of 1.833 million at the end of March 2009.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors