Chess Communication

Chess Communication
Chess Communication AS
Type Subsidiary
Industry Telecommunications
Founded 1999-10-04
Founder(s) A-Pressen
Headquarters Bergen, Norway
Area served Norway
Revenue NOK 985 million (2010)
Operating income NOK 25 thousand (2010)
Profit NOK 20 thousand (2010)
Employees 50 (2011)
Parent TeliaSonera
Website www.chess.no

Chess Communication was a Norwegian mobile virtual network operator. Owned by TeliaSonera it used its sister company NetCom's network. The company had about 500,000 customers.

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 the 11th of November 2011.

References

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

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