Eltel signs 5G agreement in Norway worth EUR 36–40 million

Eltel Norway has signed a project agreement with Telenor to further upgrade Telenor’s telecommunications network with 5G technology. The agreement is worth about EUR 36–40 million.

The project runs during 2023–2024 and strengthens Eltel’s leading position in the Norwegian market regarding the expansion and modernization of telecommunication networks through 5G.

For further information, please contact:
Thor-Egel Bråthen, Managing Director, Eltel Norway
Phone: +47 908 60 215, thor.egel.brathen@eltelnetworks.no 

Elin Otter, Director, Communications and Investor Relations
Phone: +46 72 595 4692, elin.otter@eltelnetworks.com

About Eltel

Eltel is a leading Nordic field service provider for communication and power networks. We deliver a comprehensive range of solutions from maintenance and upgrade services to project delivery. This includes design, planning, building, installing and securing the operation of networks for a more sustainable and connected world today and for future generations. In 2021, Eltel had annual sales of EUR 812.6 million. The total number of employees currently stands at around 5,000. Eltel AB is listed on Nasdaq Stockholm.