Chess Communication

Chess Communication AS
Subsidiary
Industry Telecommunications
Founded 1999
Founder A-Pressen
Headquarters Bergen, Norway
Area served
Norway
Revenue NOK 985 million (2010)
NOK 25 thousand (2010)
NOK 20 thousand (2010)
Number of employees
50 (2011)
Parent Telia Company
Website www.chess.no

Chess Communication is a Norwegian mobile virtual network operator (MVNO). Owned by Telia Company it uses its sister company Telia Norge's (formerly NetCom) network.

History

The company was founded by A-Pressen in 1999 but sold to Idar Vollvik in 2002. He merged the company with the operator Sense that was owned by Reitangruppen, who also received a partial ownership in Chess. In 2006 Vollvik sold Chess to the Swedish multinational TeliaSonera for NOK 1.6 billion. The largest loser in the deal was Telenor who lost an estimated NOK 600–800 million per year in income because Chess moved their customers from the Telenor network to the TeliaSonera owned NetCom network.[1] The company was deleted from the Register of Business Enterprises on 11 November 2011 after its merger with Telia Company, and has continued as a discount brand since then.

References

  1. Dagens Næringsliv (2005-09-28). "Chess-salget i boks" (in Norwegian).
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.