Telenor Fiber

Telenor Fiber is a newly established and carved out Fiber-to-the-Home subsidiary of Telenor. The Company benefits from a large brownfield asset base consisting of approximately 130,000 kilometer of cables, and approximately 1.1 million homes passed (hybrid fiber-coaxial and FTTH combined), which represents approximately 60% penetration in Norway, and therefore represents a mature, core FTTH platform of scale.