Company:Chess Communication

From HandWiki
Short description: Norwegian telecommunications company
Chess Communication AS
TypeSubsidiary
IndustryTelecommunications
Founded1999
FounderA-Pressen
Defunct2011 (as an independent company)
2018 (brand)
Headquarters,
Area served
Norway
RevenueNOK 985 million (2010)
NOK 25 thousand (2010)
NOK 20 thousand (2010)
Number of employees
50 (2011)
ParentTelia Company
Websitewww.chess.no

Chess Communication was a Norway 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 continued as a discount brand from then until June 2018, when Telia closed down the brand and migrated all customers to the Telia network.

References

  1. Dagens Næringsliv (2005-09-28). "Chess-salget i boks" (in Norwegian). http://www.dn.no/forsiden/article581108.ece. 

External links