OSLO, March 27, 2026 — Norway’s competition authority has warned that it may prohibit Telenor from acquiring the residential broadband business of GlobalConnect, citing concerns over reduced competition.
The Norwegian Competition Authority said it has issued a formal “70-day notice” indicating that the transaction could be blocked following its preliminary assessment.
According to the authority, the companies compete closely in several geographic areas in providing broadband services to households and housing associations. The acquisition could reduce consumer choice and weaken competition in broadband markets, potentially leading to higher prices and poorer service quality.
The regulator also expressed concerns about the potential effects of the deal on television services offered to residential customers.
The companies proposed remedies during the investigation, but the authority said the measures appeared insufficient to address the identified competition concerns.
The notice does not constitute a final decision. The parties have 15 working days to respond to the authority’s preliminary findings, after which the regulator will have another 15 working days to issue its final decision. The deadline for a ruling is May 15, 2026.
Source: https://konkurransetilsynet.no/vurderer-a-forby-telenors-oppkjop-av-globalconnect/
