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KKR-led consortium bets $3.4bn for 30% stake in new European fibre logo

The new player will own the passive fibre assets in Norway including 130,000 km of cables.

By João Marques Lima

Founder and Editor, The Tech Capital

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October 11, 2022 | 12:41 AM BST

KKR-led consortium bets $3.4bn for 30% stake in new European fibre logo

Tone Hegland Bachke, EVP and Chief Financial Officer, Telenor Group. Source: Telenor

The Tech Capital

Investment company KKR & Co Inc (KKR) (NYSE: KKR) has acquired 30% of the shares of Telenor Fiber AS, a new fibre brand launched by Norwegian telecommunications company Telenor.

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João Marques Lima

Founder and Editor, The Tech Capital

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