Telenor Maritime acquires Finnish KNL Networks

Telenor Maritime acquires Finnish KNL Networks

Telenor Maritime

Telenor Maritime has taken a big leap forward with the acquisition, according to Lars Erik Lunøe

Telenor Maritime has reached an agreement to acquire KNL Networks, a Finnish technology company that has developed a system for providing worldwide data access for the maritime market through a secure mesh network.

“Telenor Maritime’s vision of a greener future in the maritime industry has taken a big leap forward with the acquisition of KNL Networks,” said Lars Erik Lunøe, CEO of Telenor Maritime. “This affordable technology provides the industry with a unique opportunity to utilise digitised solutions, enabling them to make data-driven decisions, improve efficiency, gain competitive advantage, and work towards a greener, more sustainable future. Constantly pursuing the elimination of the digital divide between the offshore and onshore industries, Telenor Maritime can now provide the same quality of experience at sea as on land to the whole maritime sector, increasing its profitability through operational excellence.”

The acquisition will enable Telenor Maritime to offer end-to-end managed services for the maritime market, including global access and access management of critical data and cybersecurity.

“This positioning is unique in the maritime sector, making Telenor Maritime the only one-stop-shop for digital transformation of maritime industry,” said Toni Lindén, CEO of KNL Networks. “We’re excited about the opportunity to join forces with Telenor Maritime and to become a part of Telenor Group – a company that has over a century of history in the field of connectivity and reputation of being a trusted partner. I am confident that together we can lead the way of digitalising maritime and help our clients on their digital transformation journey, as well as strengthen our position as a trusted partner to our customers in the critical communication segment.”

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Alex Smith
By Alex Smith
26 November 2020

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