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Telenor Networks and Nextra are for sale

NORWEGIAN telecommunications group Telenor plans to sell its operations in the companies Telenor Networks and Nextra in the Czech Republic and Slovakia, since activities of these companies do not fit in with Telenor Nordic division's current strategy and portfolio, explained Telenor Nordic's spokesman Arild S Johannessen.

He said that Telenor Nordic consolidated its activities in fixed-line services and concentrates most of its international activities in mobile network services in Europe and Asia, the SITA news wire reported.

The companies Telenor Česká Republika and Telenor Slovakia are not included in the company's sale plans as they form an integral part of Telenor Satellite Networks AS' basic commercial activities and will continue to provide services and solutions on the central European market. Telenor Satellite Networks AS is one of the biggest global satellite service providers and will continue offering its services to clients on local markets.

In July, Slovak company Telenor Networks won a license to operate fixed wireless access (FWA) networks in the 3.5 GHz frequency band, paying Sk6 million (€154,000) for the licence.

In May, Nextra Bratislava signed a network interconnection contract with incumbent fixed-line operator Slovak Telecom, enabling Nextra to enter the fixed-line voice service business.

Compiled by Beata Balogová from press reports
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