NextGenTel has continued the positive development during the fourth quarter and the financial performance is ahead of plan. The company has 100 less FTEs at the end of the fourth quarter than at the transaction date. A cost control program has been established and significant savings have been achieved both in operating expenses and capital expenditures compared to the same period last year. After quarter-end, NextGenTel announced a contract with TeliaSonera to deliver fiber to TeliaSonera's locations in Norway, including the NetCom shops. With this contract, NextGenTel further strengthens its position within the retail stores segment. The company currently provides broadband accesses to twenty thousand businesses making NextGenTel one of the largest players within broadband to retail stores and other enterprises in Norway.
View Top Employees from NextGenTel| Website | http://nextgentel.no |
| Ticker | NGT |
| Revenue | $154 million |
| Employees | View employees |
| Address | Harbitzalleen 2 A, Oslo, Oslo 0275, NO |
| Phone | (472) 196-4909 |
| Fax | (472) 167-3501 |
| Industry | Telecommunications General, Telecommunications |
| Competitors | Fastweb, Squash, Supanet, Westnet |
| SIC | SIC Code 481 Companies, SIC Code 48 Companies |
| NAICS | NAICS Code 51 Companies, NAICS Code 517 Companies, NAICS Code 5173 Companies, NAICS Code 33 Companies |
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NextGenTel Questions
The NextGenTel annual revenue was $154 million in 2024.
NextGenTel is based in Oslo, Oslo.
The NAICS codes for NextGenTel are [51, 517, 5173, 33].
The SIC codes for NextGenTel are [481, 48].
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