Telenor wins Swedish competition approval for controlling stake in Bahnhof

• The Swedish Competition Authority cleared Telenor Sverige's acquisition of a controlling stake in Bahnhof, satisfying all regulatory conditions.
• Foreign investment clearance was obtained from the Inspectorate of Strategic Products on October 20, 2026.
• The acquisition covers 57.5% of Bahnhof's shares and 87.9% of its voting rights. Completion is expected shortly.
• Telenor Sverige plans a cash offer for the remaining shares at SEK 62 per share as soon as practicable following completion.

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