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Nextgentel Holding

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.

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About Nextgentel Holding

Founded

2000

Estimated Revenue

$100M-$250M

Employees

251-1K

Funding / Mkt. Cap

$6M

Category

Industry

Telecommunications

Location

City

Oslo

State

Oslo

Country

Norway
Nextgentel Holding

Nextgentel Holding

Find your buyer within Nextgentel Holding

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