Norway's Telenor sells digital TV technology unit to Kudelski for $248 mln

OSLO, March 26 Wed Mar 26, 2014 2:15am EDT

OSLO, March 26 (Reuters) - Norwegian telecom firm Telenor has sold its business providing technology for digital TV to Switzerland's Kudelski for 1.5 billion crowns ($248.01 million), the firm said on Wednesday.

Telenor said it sold the business to focus on its core activities of providing telecom services.

($1 = 6.0480 Norwegian Kroner) (Reporting by Gwladys Fouche, editing by Henrik Stolen)