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Telenor Satellite Acquires Satcom Business of Norse Technology |
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OSLO, Norway & ROCKVILLE, Md., Aug. 24, 2006/Satnews Daily/ ― Telenor Satellite Services, a subsidiary of Telenor of Norway (Oslo Stock Exchange:TEL and NASDAQ:TELN), has purchased the satellite communications activities of Norse Technology AS and has acquired the majority of stock in the Norwegian-based Norse Electronics AS.
Telenor Satellite said it intends to re-establish Norse Electronics AS as the leading integrator of communications services for the Oil & Offshore industry.
According to Telenor Satellite, the acquisition of Norse Electronics also serves to enhance the company’s capabilities to deliver complete communications packages and services for the Oil & Offshore market as well as the maritime transportation industry. Norse Electronics will form part of the Customized Solutions business segment of Telenor Satellite Services, further strengthening the Sealink broadband maritime services offering.
“Located in Norway's 'oil capital' of Stavanger, Norse Electronics has a long history and proven reputation of providing reliable communications services to the offshore and energy industry,” said Morten Tengs, chief executive officer of Telenor Satellite.
“Adding Norse's integration and installation capabilities along with our industry-leading Sealink broadband maritime services, and all located in very close proximity to our Eik global teleport facility, is a formidable combination that will allow us to deliver faster equipment installation, tailored and customized configurations, and complete around-the-clock service and support for global and regional customers,” he said.
Telenor Satellite Unveils Emergency Communications Response Kit Telenor Acquires Maritime Communications Partner Telenor Satellite to Add New Satellite Terminals to its Portfolio |
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