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BRIEF-NextGenTel Unit Sells Consumer Mobile Customer Portfolio
December 4, 2017 / 10:19 AM / 9 days ago

BRIEF-NextGenTel Unit Sells Consumer Mobile Customer Portfolio

Dec 4 (Reuters) - NEXTGENTEL HOLDING ASA:

* SAYS ‍CONSUMER MOBILE CUSTOMERS ARE OF LESS STRATEGIC IMPORTANCE FOR FUTURE OF NEXTGENTEL GROUP​

* ‍SALE OF CONSUMER MOBILE CUSTOMER PORTFOLIO​

* ‍INITIATED A SALE OF THIS CUSTOMER PORTFOLIO WHICH COUNTED ABOUT 38,000 SUBSCRIPTIONS AS OF 30 SEPTEMBER​

* ‍HAS INITIATED A SALE OF THIS CUSTOMER PORTFOLIO WHICH COUNTED APPROXIMATELY 38,000 SUBSCRIPTIONS AS OF 30 SEPTEMBER 2017​

* ‍FINALIZED TRANSACTION IS EXPECTED TO CLOSE DURING JUNE 2018​

* ‍PURCHASE PRICE IS MINIMUM NOK 75 MILLION AND MAXIMUM NOK 95 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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