Telenor gears up innovation and industrialisation efforts
(Thomson Reuters ONE) -
(Fornebu, 14 September 2011) In a rapidly growing market for telecommunications
services, Telenor aims to strengthen its leading global position by making
strategic changes to its organisational structure.
Firstly, Telenor will ramp up its focus on delivering an always-on experience
through innovation within internet-based services. Telenor is meeting the
increased competition from both old and new market players with aggressive
innovation efforts that leverage the company's world class network technologies
and market position and knowledge. In a future dominated by smartphones and new
devices communicating via high-speed networks, Telenor is uniquely positioned.
The Digital Services unit will be established and headed by Executive Vice
President (EVP) Kristin Skogen Lund.
Furthermore, Telenor will leverage the combined clout of its global footprint
and technology leadership to drive industrialisation and nurture operational
excellence. Over the last decade, Telenor has built one of the largest customer
bases in the world. With cross-market streamlining and capturing synergies in
how to operate across the group, Telenor can significantly increase the value it
provides to its 130 million mobile customers in 11 countries. Telenor Group
Industrial Development will be established and headed by EVP Hilde Tonne.
"The organisational changes are designed to improve Telenor's ability to
innovate in and execute upon the vast opportunities and challenges we see emerge
on the telecom horizon. Building on our core competencies and unique positions,
we aim to further energize employees in the Telenor Group worldwide. As a
company that is built around people, our strategic opportunity is to empower our
employees to make a difference - in their local market as well as globally,"
says Jon Fredrik Baksaas, President and CEO, Telenor Group.
"We are already in motion. Telenor's Corporate Development unit, managed by
Morten Karlsen Sørby, has spent the last three years developing a platform for
global innovation and industrialisation. Today's organisational changes will
further build upon these efforts," says Jon Fredrik Baksaas.
"At the core of our organisational alignment to these challenges, are three key
appointments in the Group Executive Management: Hilde Tonne will spearhead our
industrialisation efforts across markets and business areas, Kristin Skogen Lund
will drive innovation and new business and Berit Svendsen will head up the
strategically important home market of Norway," says Jon Fredrik Baksaas.
To align the organization to the strategy, the Telenor has decided to:
* Establish a new unit - Digital Services - that will develop Telenor's
position in the emerging internet-based ecosystem. The unit will be headed
by Kristin Skogen Lund, continuing as a member of Group Executive Management
(GEM). Telenor Next and new initiatives like Comoyo are included in this
unit.
* Establish a new unit - Group Industrial Development - that will drive
continuous operational efficiency, cross market streamlining and other
synergies and innovate in core business offerings. The unit will be headed
by Hilde Tonne, who will be a new member of the GEM.
* In this phase, include the CEO of Telenor Norway in GEM, given Telenor's
unique position in Norway with the co-location between Group management and
the business unit. Berit Svendsen will take the position as EVP and CEO in
Telenor Norway, reporting to the Telenor Group CEO.
* Establish a new unit - Corporate Strategy and Regulatory Affairs, reporting
to the Telenor Group CEO. Morten Karlsen Sørby will head this unit and
continue as GEM member.
* Telenor in Denmark and Sweden, as well as Telenor Broadcast, will continue
to report to Kristin Skogen Lund.
The former CEO of Telenor Norway, Ragnar Kårhus, will take on the responsibility
for cross border initiatives within the new Group Industrial Development unit.
"I would also take the opportunity to thank Ragnar Kårhus for his significant
contributions in the role as CEO of Telenor Norway since 2007. He will play a
vital role as part of the group industrialization efforts in the years to come,"
says Jon Fredrik Baksaas.
Link to presentation of Executive Management at http://www.telenor.com/en/about-
us/corporate-governance/group-executive-management/
Contact:
Scott Engebrigtsen, Communication Manager
Mobile: +47 900 43 484, E-mail: scott.engebrigtsen(at)telenor.com
Pål Kvalheim, Senior Vice President, Group Communications
Mobile: +4797044970, E-mail: pal.kvalheim(at)telenor.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Telenor via Thomson Reuters ONE
[HUG#1546341]
Unternehmensinformation / Kurzprofil:
Datum: 14.09.2011 - 08:30 Uhr
Sprache: Deutsch
News-ID 64434
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