Norlys completed the acquisition of operations and network assets in Denmark from Telia for DKK6.25bn.

Norlys, a telecommunication firm that produces renewable energy and offers electricity, television and internet services, completed the acquisition of operations and network assets in Denmark from Telia, a Swedish multinational telecommunications company, for DKK6.25bn. “Combining Telia’s mobile network with our fiber business will enable Norlys to provide a full-service solution in Denmark, paving the way for significant growth opportunities. A strong mobile arm will expand our position as the number one challenger in the Danish market and add to our presence across both the digital and green value chains. Once this transaction closes, I very much look forward to welcoming our new, talented employees in Denmark. I have been impressed by the significant improvements in the business over the past 18 months, and I am convinced that our new colleagues will contribute to the Norlys group with a strong customer centric and digital mindset,” Niels Duedahl, Norlys CEO.