Uninor services launched in India (Fornebu/New Delhi 3 December 2009) Telenor Group's Indian mobile
operation, Uninor, today announced the launch of its mobile services
in seven Indian telecom circles, making it the largest single day
launch in the telecom history. On the first day of service Uninor
will cover a footprint of close to 600 million people.
Uninor services were launched simultaneously in the circles Tamil
Nadu, Kerala, Karnataka, Andhra Pradesh, Uttar Pradesh East, Uttar
Pradesh West and Bihar (including Jharkhand ...
CEO, Chairman of the Board and Independent Directors selected for
VimpelCom Ltd. (Fornebu/Norway and Moscow/Russia - 30 November 2009) Telenor and
Altimo have agreed to appoint Alexander Izosimov as the CEO of
VimpelCom Ltd. Jo Lunder will be the Chairman of the Board of
Directors. Mr. Lunder, Mr. Leonid Novoselsky and Dr. Hans Peter
Kohlhammer will be the independent members of VimpelCom Ltd.'s Board
of Directors.
On 5 October 2009, Telenor ASA and Altimo Holdings & Investments Ltd.
announced their agreement to combine their common assets in Ukrainian
mobile operator ...
mBricks winner of Telenor Partner Prize for 2009 (Fornebu, 27 November 2009) Fighting off stiff competition from 15
other companies, mBricks came out as this year's winner of the
Telenor Partner Prize and NOK 100,000. In collaboration with
SuperOffice, mBricks developed an ideal solution for providing PC
solutions on mobiles.
This is the first time that Telenor has awarded the partner prize.
"Telenor wants to stimulate innovation of new solutions and services.
This prize was established in order to highlight particularly
successful solu ...
Reduced capex requirements in India (Fornebu, 18 November 2009) Telenor gives a status update on India at
Morgan Stanley's annual investor conference in Barcelona 18-19
November. Accordingly, the following has been notified the Oslo Stock
Exchange:
* Agreements with approximately 1,000 distributors and 300,000
points of sale in place
* Approximately 12,000 base stations installed
* Foreign Investment Promotion Board's recommendation to allow
Telenor's shareholding of 67.25 % in Uninor has formally been
approved ...
Trading of Grameenphone shares started (Fornebu/Dhaka 16 November 2009) Grameenphone today started trading
its shares on the stock exchanges in Dhaka and Chittagong.
Formal approvals for the listing of Grameenphone shares were granted
at two ceremonies, organized separately at the Dhaka Stock Exchange
and Chittagong Stock Exchange offices.
Hilde Tonne, Executive Vice President and Head of Communications &
Corporate Responsibility in Telenor Group attended the opening
ceremony at the Dhaka Stock Exchange.
"The Telenor Gro ...
Richard Olav Aa new Chief Financial Officer in Telenor Group (Fornebu, 16. November 2009) Richard Olav Aa has been appointed
Executive Vice President and Chief Financial Officer (CFO) in
Telenor. He will be responsible for Telenor's financial management
and be part of the Group Executive Management. Richard Olav Aa is
today Investment Director of Arendals Fossekompani ASA.
"I am very pleased that Richard Olav Aa has accepted to take on the
position as CFO in Telenor with the responsibility for the financial
management of the group's global operatio ...
Telenor will not block The Pirate Bay (Fornebu, 6 November 2009) The Asker and Bærum District Court today
delivered its verdict on the so-called Pirate Bay case. The Court
concludes that Telenor is not illegally contributing to any violation
of copyrights through services offered by The Pirate Bay and that
there is subsequently no basis for instructing Telenor to block
admission to the website.
Obviously we are pleased that the District Court has arrived at this
conclusion. At the same time it is important for us to emphasis ...
Telenor to replace its infrastructure for mobile services in Norway (Oslo/Fornebu, 5 November 2009): Telenor is going to replace its
entire mobile services infrastructure in Norway during the next
years, with the aim of creating a flexible and cost efficient
platform for mobile services. Huawei and Starent Networks have been
chosen as the technology providers for the wireless network and
mobile core network, respectively.
The scope of the agreement includes the delivery of equipment across
technology generations and frequency bands, as well as multi-base
stati ...
Telenor's new satellite, THOR 6, successfully launched (Kourou, French Guiana, 30 October 2009) Telenor Satellite
Broadcasting is pleased to announce the successful launch of its new
geo stationary satellite, THOR 6.
THOR 6 was successfully launched from the Guiana Spaceport at 21:00
CET, October, 29, onboard the Ariane 5 ECA launcher. This is
Arianespace's 34th consecutive successful launch.
"I was delighted to see THOR 6 successfully launched into
geostationary transfer orbit and look forward to entering commercial
service and further dev ...
Kristin Skogen Lund new Executive Vice President in Telenor (Fornebu, 30 October 2009) Kristin Skogen Lund (43) has been employed
as Executive Vice President (EVP) in Telenor with responsibility for
the Nordic region, which includes Telenor Norway, Sweden, Denmark and
Broadcast. Kristin Skogen Lund will be part of the Group Executive
Management of the Telenor Group.
Kristin Skogen Lund is today Chief Executive Officer of Aftenposten,
one of the largest newspapers in Norway, and she has previously held
several leading positions in the media group Schib ...
Third quarter 2009: A solid quarter (Fornebu, 29 October 2009) In the third quarter of 2009, Telenor's
reported revenues increased by 4 per cent compared to the third
quarter of 2008, reaching NOK 24.3 billion. The operating profit
increased by 14 per cent to NOK 4.5 billion. Telenor's mobile
operations added 4 million subscriptions during the quarter, reaching
a total of 172 million.
"In the third quarter of 2009 we delivered a solid EBITDA margin, and
revenue trends in line with the previous quarters this year. The
strong ...
Presentation of Telenor's third quarter results 2009 (Fornebu, 27 October 2009) Telenor will present its financial results
for the third quarter 2009 on Thursday 29 October 2009 at 09:00 hrs
Norwegian time/CET. The presentation, which will also be broadcast
live over the Internet, will be held in Auditorium A, Telenor Expo
Visitor Centre at Fornebu near Oslo. The figures will be published on
Telenor's website at 07:00 CET.
CEO Jon Fredrik Baksaas and CFO Trond Westlie will present the
results. The presentation will be held in English.
Internet ...
Approval of Unitech Wireless' application to increase foreign
shareholding announced (Fornebu, 19 October 2009) The Indian Cabinet Committee of Economic
Affairs (CCEA) today announced that Unitech Wireless' application to
increase its foreign shareholding up to 74% has been approved. The
application was earlier approved by the Foreign Investment Promotion
Board (FIPB) on 21 August 2009.
"Telenor Group has been optimistic of a favourable outcome that
allows us to increase our holding in Unitech Wireless. We welcome the
announcement from the CCEA, and will await the
formal ...
Presentation of Telenor's third quarter results 2009 on 29 October. The Telenor Group will release its financial results for the 3rd
quarter 2009 on 29 October 2009. View details about the presentation
and conference call for journalists, investors and analysts.
THURSDAY 29 October, 0900 CET/0800 UK TIME
at Telenor Expo Visitor Centre, Snarøyveien 30, Fornebu
The presentation will be held in English. If you are unable to attend
the presentation, we offer three other options:
a) Watch the presentation live on the Internet or your mobile phone
The webca ...
Telenor Pakistan and Tameer Bank launch new financial services (Fornebu, 15th October 2009) Telenor Pakistan and Tameer Microfinance
Bank today announced the launch of easypaisa, a uniquely convenient
and safe way for the people of Pakistan to carry out financial
transactions.
easypaisa users will have the freedom to make bill payments and send
and receive money at thousands of outlets and in addition manage
their bank accounts over their mobile phones. easypaisa combines the
best from the financial and mobile sectors, offering the first
branchless banki ...
Telenor Launches Unified Communications (UC) Telenor is the first telecoms operator to launch a Unified
Communications (UC) solution on the Norwegian market. A total of
30,000 Telenor employees currently use Unified Communications
services. This important internal experience forms the basis for the
product being launched commercially today.
"Unified Communications is a mix of a number of forms of
communication. It is a customer-tailored service where speech, data,
text, video and conferencing solutions are linked up both from a
func ...
Telenor signs new agreement for the operation of Oslo Municipality's
data and telephony network (Fornebu, 7th October 2009) Oslo Municipality, in the shape of its
Development and Skills Service, and Telenor have entered into an
agreement on the operation of the local authority's corporate data
and telephony network. The agreement also covers the supply of
communications equipment and services. It is a 3-year agreement worth
a total of NOK 90 million. The Development and Skills Service carried
out this procurement on behalf of all the organisations in Oslo
Municipality.
The agreements cov ...
Internet boosts economic growth and social welfare (Fornebu, 7 October 2009) A new study demonstrates that increased
adoption of Internet can accelerate business productivity, thereby
generating income, jobs and government revenues in emerging
economies.
A 10 percentage point increase in Internet penetration could increase
GDP by 1 to 2.5 percent, increase new business activities by
approximately 1 percent, and boost total government revenues in some
countries by as much as 8 to 9 percent.
These are some of the key findings of a new study con ...
Telenor and Altimo to Create a Leading Emerging Markets Mobile
Operator (OSLO/MOSCOW 5 October 2009) Telenor Group and Altimo (the telecom
arm of the Alfa Group) announce an agreement to combine their common
assets in VimpelCom and Kyivstar to create a leading emerging markets
mobile operator.
(Press conference at Fornebu at 10:00 CET, see below)
The parties have reached an agreement to combine their holdings in
OJSC VimpelCom and Kyivstar into a new jointly-owned mobile telecoms
operator, VimpelCom Ltd. The united company will provide high-quality
integrated mob ...
Subscription period started for Grameenphone's initial public
offering (IPO) (Fornebu, 4 October 2009) Grameenphone Ltd., the leading mobile phone
operator of Bangladesh has today opened its initial public offering
(IPO) subscription for the public.
The subscription period started Sunday, 4 October, and will close on
8 October 2009. However, applications from Non-Resident Bangladeshis
sent through courier will be accepted till 18 October 2009.
Grameenphone is expecting to raise approx. USD 141 million (or BDT
9.72 billion) through its issue and has already allocated s ...
The Federal Arbitrazh (Business) Court of the West Siberia District
Adjourns Hearing of Telenor's Ap (Fornebu, Norway, and Tyumen, Russia - 30 September 2009) The Federal
Arbitrazh (Business) Court of the West Siberia District, Tyumen,
today adjourned until 24 March 2010 the hearing of Telenor East
Invest AS's appeal of the ruling of the Eighth Arbitrazh Appellate
Court in Omsk holding Telenor East Invest AS liable for $1.73 billion
in damages as a result of a claim by Farimex Products Inc., the
holder of ADRs equal to 0.002 per cent of VimpelCom shares.
At the beginning of today's heari ...
Uninor new name in India (Fornebu, 23 September 2009) The Telenor Group's Indian mobile
operation today announced that its services in India will be named
Uninor.
"The announcement of the Uninor name is a significant milestone in
the roll-out of the operations in India as we move closer to launch.
As in Telenor Group's existing markets, the Uninor brand will
represent our vision and core values," said Jon Fredrik Baksaas,
President and CEO of the Telenor Group.
The Uninor name will lever ...
Headquarters of Telenor Group's Hungarian subsidiary inaugurated Budapest/Fornebu, 22 September 2009: Pannon House, the new
headquarters of Telenor Group's subsidiary Pannon in Hungary, was
today inaugurated by His Royal Highness Crown Prince Haakon and Her
Royal Highness Crown Princess Mette-Marit of Norway.
"We are grateful for Their Royal Highnesses being present and
inaugurating our new office building in Hungary. Through moving into
these environmental-friendly premises that also encourage information
to be shared freely in a transparent and open ...
Trond Westlie leaves Telenor to take up position as CFO in A. P.
Moeller - Maersk Group (Fornebu, 21 September 2009) Chief Financial Officer Trond Westlie
leaves Telenor to take up the position as CFO in A. P. Moeller -
Maersk Group. Trond Westlie has worked at Telenor for five years and
has been a key member of the Group Executive Management. He leaves
Telenor on 31 December 2009.
"Trond Westlie is moving on to an interesting new assignment, however
it's not with an light heart we see him go. He is a capacity both as
CFO and as member of our executive management team. I con ...
The Telenor Culture Prize to Liv Ullmann Fornebu, 14 September 2009: The Telenor Culture Prize for 2009 goes
to actress and film director Liv Ullmann. The prize, named "Boundless
Communication", will be awarded at the National Theatre Monday night.
The prize is awarded for the fourteenth time. The prize winner hails
from the world of films, a world that also embraces music, drama,
litterature and set design. Liv Ullmann receives the award of NOK
250,000 for her outstanding and uncompromising quality as an actress
and film d ...
Telenor Group becomes Presenting Partner of the Eurovision Song
Contest 2010 (Fornebu, 11 September 2009) The European Broadcasting Union (EBU)
today announced the Telenor Group as Presenting Partner of the
Eurovision Song Contest 2010 in Oslo. The three shows, Semi-Finals on
25 and 27 May and the Final on 29 May 2010, will be televised live,
hosted by the Norwegian national public broadcaster NRK.
Telenor Group, one of the leading mobile operators is the world, has
been granted extensive pan-European event, association, media and new
media rights for the upcoming ev ...
Launching Norway's biggest campaign against digital bullying (Fornebu, Oslo 3 September 2009) Today the Red Cross, ChildMinder,
Telenor and the Norwegian Media Authority launched Norway's biggest
ever campaign against digital bullying. During the next three months,
50 lower secondary schools, 7,500 pupils and 3,500 parents will be
visited by the "Use your Head" tour, which is intended to prevent
digital bullying by spreading information about how parents and
children should handle digital bullying situations.
"It is very satisfying to see ...
Kyivstar dividends for 2008 approved (Fornebu, Norway and Kiev, Ukraine - 1 September 2009) An
Extraordinary General Meeting of Shareholders (EGMS) of Ukrainian
mobile operator Kyivstar, on 1 September 2009 approved the company's
accounts for the fiscal year 2008. Based on this the EGMS decided to
distribute dividends in the total amount of UAH 1.9 billion
(approximately NOK 1.4 billion). Dividends are expected to be paid in
full within 20 December 2009.
Telenor holds 56.5 per cent of the shares in Kyivstar and receives a
proport ...
DnB NOR renews its cooperation agreement with Telenor (Fornebu 31 August 2009) DnB NOR and Telenor signed a three-year
agreement worth a total of NOK 240 million for the supply of
telephony solutions to DnB NOR's offices in the Nordic region.
The agreement covers mobile subscriptions, mobile data services,
fixed and IP telephony and SMS services. The aim of the cooperation
agreement is to further develop DnB NOR's business areas by
exploiting new technology based on a platform that is both scalable
and cost-effective. During the period of the agr ...
Telenor renews Mobilt Bredbånd offer for businesses in Norway (Fornebu, 3. August 2009) Thanks to customer feedback Telenor
launches its new business portfolio today. Flexibility,
predictability and cost control are important keywords.
130.000 of those 250.000 customers that already subscribe to Mobilt
Bredbånd from Telenor are business customers, and introducing the new
Mobilt Bredbånd portfolio for companies makes the service attractive
to even more.
"Good coverage and easy solutions is the rationale for many customers
choosing mobile ...
Telenor drops prices on Mobilt Bredbånd for infrequent users in
Norway (Fornebu, 3. august 2009) Telenor lanserer i dag et nytt og billig
Mobilt Bredbånds-abonnement for privatkunder. Det nye abonnementet er
et smart valg for mer enn halvparten av de som bruker Mobilt Bredbånd
fra Telenor.
250.000 customers already currently subscribe to Mobilt Bredbånd from
Telenor. When the new subscription Mobilt Bredbånd Av&Til is launched
the service will become attractive to even more customers.
Two new subscriptions
Mobilt Bredbånd Av& ...
Moscow Arbitrazh Court Rejects Telenor's Motion to Invalidate
Transfer of assignment to sell VimpelC (Fornebu, Norway and Moscow, Russia - 28 July 2009). On 28 July 2009,
the Moscow Arbitrazh Court rejected a motion by Telenor East Invest
AS to invalidate an order by the bailiff to transfer the assignment
to sell Telenor's shares in VimpelCom to Rosimuschestvo (The Federal
Property Management Agency).
The basis for the Court's rejection of Telenor's motion will be known
when the Court's decision is published in full.
In its motion, Telenor emphasized that the bailiff's order violates
the l ...
Second quarter 2009: Commitment to priorities remains firm (Fornebu, 23 July 2009) "The trends from the first quarter of 2009
continued into this quarter, with a challenging business environment
also affecting the telecom sector. In spite of pressure on the top
line development our operations are improving their performance,
resulting in a record high operating cash flow. At the end of the
quarter, we reached a total of 168 million mobile subscriptions,"
said Jon Fredrik Baksaas, President and CEO of Telenor.
Strong growth and high margins
& ...
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