Add-on Acquisition • Communications

Telenor Acquires Cosmo Bulgaria Mobile EAD

On April 29, 2013, Telenor acquired communications company Cosmo Bulgaria Mobile EAD for 717M EUR

Acquisition Context
  • This is Telenor’s 6th transaction in the Communications sector.
  • This is Telenor’s 0th largest (disclosed) transaction.
  • This is Telenor’s 2nd transaction in Bulgaria.

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M&A Deal Summary

Date April 29, 2013
Target Cosmo Bulgaria Mobile EAD
Sector Communications
Buyer(s) Telenor
Deal Type Add-on Acquisition
Deal Value 717M EUR

Target Company

Cosmo Bulgaria Mobile EAD

Sofia, Bulgaria
Cosmo Bulgaria Mobile EAD provides telecom services.
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Buyer Overview 1

Buyer

Telenor

Fornebu, Norway

Category Company
Founded 1855
Sector Communications
Employees10,867
Revenue 79.9B NOK (2024)
DESCRIPTION

Telenor is a Norwegian multinational telecommunications company. It is one of the world's largest mobile telecommunications companies with operations in Scandinavia, Eastern Europe and Asia. Telenor was founded in 1855 and is based in Fornebu, Norway.


Deal Context for Buyer #
Overall 8 of 13
Sector: Communications 6 of 7
Type: Add-on Acquisition 8 of 9
Country: Bulgaria 2 of 2
Year: 2013 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-14 Liquid Barcodes

Lysaker, Norway

Liquid Barcodes is the provider of mobile coupons. Liquid Barcodes is based in Lysaker, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-26 Conax AS

Oslo, Norway

Conax AS is a provider of content protection for digital TV services over broadcast, broadband and connected devices. Conax provides telcos, cable, satellite, IP, mobile and terrestrial operators with flexible and cost-effective solutions for the secure delivery of premium content, including its latest generation security platform.

Sell Fr.200M