Business
Telenor partners with Verdane to build a global IoT leader
Telenor IoT / Telenor Connexion Brand visual asset (Fornebu, Norway, 26 May 2026) Telenor has entered into an agreement with Verdane to establish a joint ownership structure over Telenor Connexion. The transaction values the company at SEK 7.5 billion. The partnership is intended to realise value from Telenor Connexion’s strong market position while providing the company with access to long-term growth capital through an efficient ownership structure. Over the past 25 years, Telenor Connexion ha
About this update from Telenor Asa
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