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NextGenTel to acquire 2,000 fibre customers from Bergen-based Bofiber

16 Jul 2014

Norway’s NextGenTel, which is a wholly owned subsidiary of Telio Holding, has announced an agreement under which it will acquire 2,000 fibre customers belonging to Bofiber, an alternative provider in the Bergen region. With NextGenTel noting that the 15-year agreement implies an acquisition price of NOK2,750 (USD444) per customer, and noting that it already has approximately 35,000 customers in and around Bergen, it said it saw ‘a significant potential to further strengthen its position in the region from this strategic agreement with Bofiber’. Further, as part of the deal the two companies will look to cooperate on the rollout of fibre infrastructure in the Bergen region in the future.

With Bofiber to provide the fibre infrastructure under the terms of the agreement, NextGenTel will act as the point of contact for customers with regards to sales, delivery, customer services and operations. Meanwhile, existing Bofiber customers are expected to gain access to the value added services provided by NextGenTel ‘during fall 2014’.

Norway, NextGenTel Holding (incl. Telio Norway, Bitpro), Telio Norway

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