Telenor Acquires Norse Technology Sat Business

Wednesday, August 23, 2006
Telenor Satellite Services, a subsidiary of Telenor of Norway, has purchased the satellite communications activities of Norse Technology AS and additionally has acquired the majority of stock in Norwegian-based Norse Electronics AS.

With this purchase, Telenor Satellite Services intends to re-establish Norse Electronics AS as the leading integrator of communications services for the Oil & Offshore industry. The acquisition of Norse Electronics also serves to enhance Telenor Satellite Services’ capabilities to deliver complete communications packages and services for the Oil & Offshore market as well as the maritime transportation industry. Norse Electronics will form part of the Customized Solutions business segment of Telenor Satellite Services, further strengthening the Sealink broadband maritime services offering.

“Located in Norway’s ‘oil capital’ of Stavanger, Norse Electronics has a long history and proven reputation of providing reliable communications services to the offshore and energy industry,” said Morten Tengs, chief executive officer of Telenor Satellite Services. “Adding Norse’s integration and installation capabilities along with our industry-leading Sealink broadband maritime services, and all located in very close proximity to our Eik global teleport facility, is a formidable combination that will allow us to deliver faster equipment installation, tailored and customized configurations, and complete around-the-clock service and support for global and regional customers.”

The addition of Norse Electronics strengthens Telenor’s position to successfully compete for communications contracts on board transport vessels and at fixed sites at sea and processing facilities on shore.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

RS at SEA JAPAN 2014

Russian Maritime Register of Shipping (RS) was the only Russian company to take part in SEA JAPAN 2014 exhibition and conference – one of the major exhibitions of the maritime industry.

Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering,

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1114 sec (9 req/sec)