Telenor Banka enters strategic partnership with River Styxx Capital
Investor to acquire 85% of Telenor Banka
Telenor reports strong results and solid cash flow in second quarter 2017
“We deliver a strong set of results for the second quarter with improved revenue growth, double-digit EBITDA uplift and strong cash flow generation. Both the EBITDA and the EBITDA margin are all-time high this quarter. We were able to reduce our costs by NOK 0.6 billion and we saw margin expansion in all our business units. The robustness of our Norwegian operation, the strong revenue growth in Bangladesh and the return to growth in Thailand were amongst the highlights for the quarter.
Telenor Group Launches Global Stop Cyberbullying Campaign to support ‘4 Million by 2020’ GoalSustainability
On Stop Cyberbullying Day 2017, Telenor Group is launching its global ‘Be a Cyberhero’ digital and social media campaign. The goal is to support Telenor’s 2020 goal to educate four million children in online safety practices across its 13 international markets.
Ole Bjørn Sjulstad appointed CEO of Telenor Bulgaria
Effective 1 August 2017, Ole Bjørn Sjulstad has been appointed new CEO of Telenor Bulgaria. Sjulstad succeeds Michael Foley, who assumed the CEO position at Grameenphone in Bangladesh in May.
Telenor Group survey: Asia’s millennials point to artificial intelligence as possible gateway to achieving peace
New digital survey reveals surprising attitudes among Asian youth, including views on how best to empower youth leaders and the role of technology in supporting social causes and promoting Peace. Telenor Group today released the findings of its regional online survey that assessed the attitudes of Asia’s millennials towards technology and social impact, as well […]
Telenor’s Thai subsidiary dtac selected preferred partner on TOT’s 2300 MHz spectrum
Thailand’s state enterprise TOT has today announced that Telenor’s Thai subsidiary dtac has been selected as the preferred partner for 4G services on TOT’s 2300 MHz spectrum.
23 young leaders. 13 countries. 5 teams. 1 aim: Use technology to solve challenges facing the world’s youth. Watch them pitch their solutions live on Facebook.
This Wednesday, May 24th, five international teams will be making a pitch of a lifetime on how they would tackle key youth-related issues including gender equality, education for refugees, mental health, climate change and unemployment. Join the Telenor Youth Forum delegates as they make their case to a global audience on Facebook Live at 16:00-17:00 local Bangkok time. www.facebook.com/telenoryouthforum.
Closes down Online Classifieds site Ekhanei in BangladeshProducts and Services
Based on the online classifieds market condition and not being able to develop the company into a sustainable and profitable business, the owners (Telenor, Schibsted and Naspers) have decided to close down the site Ekhanei in Bangladesh.
Telenor monetizes its online classifieds investment in Latam – strengthens ownership in AsiaProducts and Services
Telenor ASA has on 11 May 2017 entered into an agreement with Schibsted ASA regarding its joint ventures within online classifieds, whereby Telenor exits the Latin American joint venture (SnT) and acquires Schibsted’s stake in the joint ventures in Malaysia, Vietnam, and Myanmar (701 Search). Net proceeds to Telenor from the transaction with Schibsted will be USD 406 million (approx. NOK 3.4 billion).
New members of the Board of Directors of Telenor ASA
The Corporate Assembly has elected Grethe Viksaas and Jørgen Kildahl as new members of the Board of Directors of Telenor ASA. The new directors will succeed Siri Beate Hatlen, Ashok Vaswani, Regi Aalstad and Dag Opedal, who has been relieved of their duties.