Competition clearance of sale of consumer mobile customer portfolio

With reference to the stock exchange notice issued by NextGenTel Holding ASA (the "Company") on 4 December 2017 regarding the sale of the Company's consumer mobile customer portfolio, the Company has today, 12 January 2018, been notified that the Norwegian competition authorities have approved the transaction. The finalised transaction is expected to close during June 2018.

About Us

The NextGenTel Group is a major player in providing fixed and mobile Internet communication services to consumers and businesses with a #2 position within xDSL broadband in the Norwegian market. The range of services covers access independent broadband, data net, Ethernet, VoIP, mobile and TV. In addition, the Group provides VoIP services to consumers in Denmark, Switzerland and the Netherlands. The company is headquartered in Oslo, Norway and is listed on the Oslo Exchange as NGT. NextGenTel's mission is to be a major force in defining and providing fixed and mobile internet communications to the consumer and small businesses.