Telenor Group strengthens and expands its strategic collaboration with AWS to support its sovereign cloud posture [Yahoo! Finance]
TELENOR ASA S/ADR (TELNY)
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Source: Yahoo! Finance
advance its sovereign cloud posture by using AWS's sovereign-by-design technology, and leveraging Telenor's strategic investment in Skygard . Currently under construction, Skygard is state-of-the-art secure and energy efficient data centres that Telenor is building with its partners in Norway. In the first year of extended collaboration, Telenor will invest approx. 100M NOK in its sovereign cloud posture by using AWS and Skygard's state-of-the-art data centre. Telenor and AWS will collaborate to offer solutions to Norwegian enterprise customers, help to address their key sovereignty and security requirements. Telenor will explore leveraging the same sovereign-by-design AWS infrastructure to host its internal workloads in compliance with Norwegian regulatory requirements. As the only truly Nordic telco, Telenor will accelerate the modernisation of telecommunications industry, by further scaling its cloud footprint in Telenor Sweden, using advanced and secure cloud technologies from
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- 7/10/24 - New Street Research