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Telenor confirms plans to spend NOK4bn on fibre-optic development

29 May 2013

Norway’s Telenor has announced that, amid the increased use of cloud services by local businesses, it will invest NOK4 billion (USD682 million) this year on the development of its fibre-optic broadband services for business users. Speaking on the company’s spending plans, Bjorn Ivar Moen, business market manager at Telenor, said: ‘The need for higher bandwidth in Norwegian businesses is rising. We are currently experiencing a trend where services that were previously on local servers at each individual company are now moving to the internet as cloud-based services … We have therefore set in motion a vigorous investment programme into fibre-optic broadband for the business market, both in terms of internet access and virtual private networks.’

Meanwhile, alongside the expenditure on its fibre infrastructure, Telenor has confirmed that it will not neglect its copper network, revealing plans to upgrade the latter in several places in parallel with the fibre developments. ‘In areas where we have broadband on several different technologies, we will consider replacing the copper network with faster technology,’ noted Moen.

Norway, Telenor Norge

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