Telenor Chief Says There’s No Rush to Decide on Tower Unit Sale

Telenor ASA may put off a decision to sell a stake in its Nordic tower business as the telecommunications company weighs the financial benefits against retaining control of its own infrastructure.

Norway’s biggest telecom company had previously said it would decide on a potential sale of part of its infrastructure subsidiary by this year. It’s now reviewing whether the timing is right, according to its Chief Executive Officer Sigve Brekke.

“With the valuations it would be right to do it now, but it’s also looking at it from a more strategic point of view,” Brekke told Bloomberg in an ...