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  5. Phonero Acquires Ventelo AS

M&A Deal Summary

Phonero Acquires Ventelo AS

On January 1, 2015, Phonero acquired communications company Ventelo AS

Acquisition Highlights
  • This is Phonero’s 1st transaction in the Communications sector.
  • This is Phonero’s 1st transaction in Norway.

M&A Deal Summary
Date 2015-01-01
Target Ventelo AS
Sector Communications
Buyer(s) Phonero
Deal Type Add-on Acquisition

Target

Ventelo AS

Oslo, Norway
Ventelo AS offers corporate telecoms services across Norway,

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Buyer(S) 1

Buyer

Phonero

Kristiansand, Norway
Category Company
Founded 2008
Sector Communications
Revenue 1.0B NOK (2014)
DESCRIPTION

Phonero is a privately owned mobile virtual network operator (“MVNO”) providing telecommunication services to small and medium sized businesses. Phonero was founded in 2008 and is based Kristiansand, Norway.

DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Norway M&A 1 of 1
Year: 2015 M&A 1 of 1
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