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Telenor buys Enivest for NOK 2.5B to expand fibre network in Western Norway

Company Fundamentals
10 Jun 2026
Na
View Source
Bullish
pluang ai news

Telenor has agreed to acquire Enivest, a leading fibre operator in Western Norway, for NOK 2.5 billion. The deal includes Enivest’s fibre network, 28,000 customers, and a 34% stake in Årdalsnett, enhancing Telenor’s broadband presence in the region. Enivest will continue operating independently with its current management, while customers gain access to Telenor’s broader digital services. The acquisition is expected to close in 2026 after regulatory approval and aims to generate synergies and support further growth in Norway’s fibre market.

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