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Norway's competition watchdog to announce outcome of Telenor case

Published 21/06/2018, 06:39
© Reuters. Telenor's logo is seen in central Belgrade
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OSLO (Reuters) - Norway's Competition Authority will on Thursday announce the outcome of an investigation of Telenor (OL:TEL), the country's largest telecoms provider, the watchdog said in a statement.

In 2016, the Competition Authority said it considered imposing a fine of 906 million Norwegian crowns (84.09 million pounds) on Telenor for alleged abuse of a dominant position.

The case concerned the planned introduction of a third mobile phone network in Norway to compete with those of Telenor and Sweden's Telia Company (ST:TELIA), which the Norwegian company had resisted, the regulator said at the time.

Telenor has denied any wrongdoing in the case.

"We are awaiting information from the Competition Authority," a Telenor spokesman said.

An announcement will be made by 0700 GMT (0900 CET), the watchdog said.

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