Telenor Satellite Services Plans to Re-Establish Norse Electronics as Oil Industry Communications Integrator.
Telenor Satellite Services, a subsidiary of Telenor of Norway, announced that it has purchased the satellite communications activities of Norse Technology AS and acquired the majority of the stock of Norwegian-based Norse Electronics AS.
Telenor Satellite Services said it intends to re-establish Norse Electronics AS as a leading integrator of communications services for the oil and offshore industry.
"Located in Norway's 'oil capital' of Stavanger, Norse Electronics has a long history and proven reputation of providing reliable communications services to the offshore and energy industry," said Morten Tengs, chief executive officer of Telenor Satellite Services.
"Adding Norse's integration and installation capabilities along with our industry-leading Sealink broadband maritime services, and all located in very close proximity to our Eik global teleport facility, is a formidable combination that will allow us to deliver faster equipment installation, tailored and customized configurations, and complete around-the-clock service and support for global and regional customers," Tengs said.
Telenor said the acquisition also enhances its Satellite Services' capabilities to deliver communications packages and services for the maritime transportation industry.
Norse Electronics will form part of the Customized Solutions business segment of Telenor Satellite Services.
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|Date:||Aug 23, 2006|
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