Nordic Communications Group to divest Telness to Telia

Nordic Communications Group, parent company of Telness Tech, announced it will divest its mobile virtual network operator Telness to Telia (TLSNF) in Sweden. As part of the transaction, Telness will sign a long-term agreement with Telness Tech for continued use of the Seamless OS technology platform, ensuring a smooth digital customer experience. At closing, Telia will become the first mobile network operator to deploy Seamless OS. Telness has until now operated as a mobile virtual network operator on Telia Sweden’s mobile network. Following completion of the deal, Telness will continue to operate under its own brand as part of Telia’s Swedish B2B-business. Next step in the process is for Telia to seek customary approval from the Swedish national authority, the Inspectorate of Strategic Products, to close the transaction. As part of the transaction, Telia has acquired the Telness brand. Pending closing of the deal Telness Tech will initiate a rebranding process to change company name and visual identity and continue to operate as an independent technology company.