Nextgentel Holding
NextGenTel has continued the positive development during the fourth quarter and the financial performance is ahead of plan. The company has 100 less FTEs at the end of the fourth quarter than at the transaction date. A cost control program has been established and significant savings have been achieved both in operating expenses and capital expenditures compared to the same period last year. After quarter-end, NextGenTel announced a contract with TeliaSonera to deliver fiber to TeliaSonera's locations in Norway, including the NetCom shops. With this contract, NextGenTel further strengthens its position within the retail stores segment. The company currently provides broadband accesses to twenty thousand businesses making NextGenTel one of the largest players within broadband to retail stores and other enterprises in Norway.
About Nextgentel Holding
Founded
2000Estimated Revenue
$100M-$250MEmployees
251-1KFunding / Mkt. Cap
$6MCategory
Industry
TelecommunicationsLocation
City
OsloState
OsloCountry
NorwayNextgentel Holding
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