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Eltel Extends Existing Frame Agreement with Telenor in Norway

Eltel Extends Existing Frame Agreement with Telenor in Norway Image Credit: starfotograf/Bigstockphoto.com

Eltel Norway and Telenor, Norway's largest provider of telecommunications and digital services, have extended their collaboration for an additional year based on an option in the current agreement. 

The estimated order value for the option year is about NOK 800–1000 million, about EUR 70–90 million.

The frame agreement is based on a model where Eltel will be responsible for of design, planning, service deliveries, installations, and maintenance for specific geographical areas. The current agreement will expire in December 2023, after which the extended one-year period until December 2024 will begin.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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