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Telenor ASA — Share Issue/Capital Change 2018
Apr 23, 2018
3773_iss_2018-04-23_e2824157-6e50-4956-aed7-db516b4a987c.html
Share Issue/Capital Change
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Telenor's Thai subsidiary dtac finalises 2300 MHz spectrum agreement
Telenor's Thai subsidiary dtac finalises 2300 MHz spectrum agreement
On 24 May 2017, Telenor announced that its Thai subsidiary dtac had been selected as the preferred partner for 4G services on state enterprise TOT's 2300 MHz spectrum.
After having secured all necessary approvals, dtac and TOT have today signed the partnership agreement to launch 4G services on TOT's 2300 MHz spectrum.
TOT holds 60 MHz of TDD spectrum in the 2300 MHz frequency band. As previously communicated, dtac will build a network based on this spectrum and have the right to utilize up to 60% of the capacity in this network, for a fixed annual fee of THB 4.5 billion (approx. NOK 1.1 billion). The collaborative framework last through 2025.
Investor Relations contacts:
Marianne Moe
+47 9161 7631
Helge Øien
+47 9131 9242