TeliaSonera sells North Sea Communications to HitecVision

22 Jul 2011

Dow Jones Newswires reports that TeliaSonera’s subsidiary Telia Norge has agreed to sell 100% of North Sea Communications, operator of a submarine fibre-optic link between Norway and the UK, to HitecVision for SEK170 million (USD27 million). The high speed cable is used by the North Sea offshore oil and gas industry.

Norway, United Kingdom, Telia Company