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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.

NextGenTel Questions

The NextGenTel annual revenue was $154.4 million in 2026.

NextGenTel is based in Oslo, Oslo.

The NAICS codes for NextGenTel are [5173, 51, 33, 517].

The SIC codes for NextGenTel are [484, 48, 481].

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