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Telenor Acquires Maritime Communications Partner
Telenor gained total control of Maritime Communications Partner (MCP), acquiring the remaining 61.3 percent of the company, which provides voice and data services to ferries and cruise ships, Telenor announced July 7.
MCP’s offering, delivered via GSM mobile telephones, is complementary to Telenor’s existing products, Telenor said, and the company plans to develop services that combine GSM and satellite networks.
Financial details of the transaction were not revealed.
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