Norway-based telecommunications services provider Ice Group intends to secure around 3 billion Norwegian crowns ($354 million) in an initial public offering (IPO) on the Oslo Bourse.
Proceeds from the IPO will be used by Ice Group to fund the expansion of its mobile phone network.
The company expects its build-out to further enhance its customer proposition, competitiveness and overall profitability.
Ice Group reported a revenue of $53.5 million crowns for the first nine months of 2018, an increase of 30 percent year-on-year.