Telenor takes on hyperscalers with new cloud venture

Telenor has teamed up a with a renewable energy specialist and a venture capitalist to launch a new company that will secure sensitive data on behalf of Norwegian enterprises.
The new venture aims to meet the growing demand from government and corporations for data sovereignty, and will build three brand new data centres in Oslo – with a combined capacity of 40 megawatts and at a cost estimated by Telecoms.com to be several hundred million dollars – expressly for this purpose.
Teleno