24-11-2021 14:29 via telecoms.com

Telenor flogs $330 million worth of fibre assets

Telenor has inked a deal to sell off a raft of fibre infrastructure assets in Sweden to GlobalConnect.
Under the terms of the 3 billion kronor (US$330 million) deal, Telenor Sweden will hand over control of fibre wholesale business Open Universe, which connects 200,000 homes with fibre, and a further 14,000 premises it has hooked up directly.
We are by now used to telecoms operators monetising their fibre assets by selling to or partnering with investment firms, but this deal is slightly differe
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