Press Releases

Uninor services launched in India

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.

CEO, Chairman of the Board and Independent Directors selected for VimpelCom Ltd.

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.

Reduced capex requirements in India

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:

Trading of Grameenphone shares started

Grameenphone today started trading its shares on the stock exchanges in Dhaka and Chittagong.

Richard Olav Aa new Chief Financial Officer in Telenor Group

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.

Telenor will not block The Pirate Bay

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.

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.

Telenor’s new satellite, THOR 6, successfully launched

Telenor Satellite Broadcasting is pleased to announce the successful launch of its new geo stationary satellite, THOR 6.

Kristin Skogen Lund new Executive Vice President in Telenor

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.

Huge interest for Grameenphone IPO

More than 20,000 Bangladeshi made their way to the Bangabandhu International Convention Center in Dhaka the 28 October to take part in the Grameenphone IPO Lottery.

Third quarter 2009: A solid quarter

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.

Presentation of Telenor’s third quarter results 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.

Approval of Unitech Wireless’ application to increase foreign shareholding announced

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 Pakistan and Tameer Bank launch new financial services

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.

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.

Internet boosts economic growth and social welfare

A new study demonstrates that increased adoption of Internet can accelerate business productivity, thereby generating income, jobs and government revenues in emerging economies.

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.

Subscription period started for Grameenphone’s initial public offering (IPO)

Grameenphone Ltd., the leading mobile phone operator of Bangladesh has today opened its initial public offering (IPO) subscription for the public.

The Federal Arbitrazh (Business) Court of the West Siberia District Adjourns Hearing of Telenor’s Appeal to 24 March 2010

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.

New global trainees

This month, 15 hopeful trainees arrived at Telenor Group headquarters to start 18 months of training, six of these in a foreign country. This year, they have their own mentors.

Uninor new name in India

The Telenor Group's Indian mobile operation today announced that its services in India will be named Uninor.

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.

Trond Westlie leaves Telenor to take up position as CFO in A. P. Moeller – Maersk Group

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.

The Telenor Culture Prize to Liv Ullmann

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.

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.

Recognised on Sustainability Indexes

Telenor is top listed on the 2009/2010 Dow Jones Sustainability Indexes (DJSI), which rank companies based on their combined performance on a range of economic, social and environmental criteria. Telenor improved its total score, a metric of overall performance, from 2008/2009.

Launching Norway’s biggest campaign against digital bullying

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.

Kyivstar dividends for 2008 approved

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.

DnB NOR renews its cooperation agreement with Telenor

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.

New Guidelines to Regulate Mobile Content Services

Telenor Norway, its Danish subsidiary Sonofon and several other mobile providers have signed an extensive framework agreement for mobile content services. Special attention is paid to the protection of minors.

Moscow Arbitrazh Court Rejects Telenor’s Motion to Invalidate Transfer of assignment to sell VimpelCom Shares for Subsequent Sale

(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).

Second quarter 2009: Commitment to priorities remains firm

"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.

Presentation of Telenor’s second quarter results 2009 on 23 July 2009

Telenor will present its financial results for the second quarter 2009 on Thursday 23 July 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.

The Pirate Bay case and the Telenor view on illegal file sharing

In Norway, during the last six months, there has been a great deal of focus on The Pirate Bay and illegal file sharing. As an Internet Service Provider (ISP), Telenor does not want to be in the position of being accused of aiding and abetting illegal practices on Internet just because the company provides access to it.

GP receives consent for IPO

Grameenphone today issued a press release regarding reception of a formal consent from the Securities and Exchange Commission (SEC) of Bangladesh on its Initial Public Offer (IPO) application.

Nordea signs telephony agreement with Telenor

Nordea Bank Norge ASA and Telenor have entered into a three-year contract for a new telephony solution. The agreement includes a complete renewal of the exchanges at the head office and regional offices with a new switchboard support system that allows the seamless integration with mobile telephony (ProffNett).

Scandinavian fraternisation in Telenor

It will be less expensive to be a travelling Scandinavian in Telenor's network. Today, Telenor launches the additional service Ring Scandinavia - a new offer to business customers in Norway with a high share of mobile roaming traffic in Scandinavia. Telenor is simultaneously gathering the companies in Scandinavia under one brand and offering its services to around 7 million customers in the region.

Regarding announcement made by the Russian Bailiff

The Russian Bailiff on Friday 19 June said that it had passed an order to auction Telenor's shares and that the parties are in the process of being notified. On request from Telenor's lawyers for further information, the Bailiff's office says it will not comment on the matter until Monday.

Tyumen court adjourns Telenor’s appeal to 30 September 2009

On June 10, 2009, the Federal Arbitrazh (Business) Court of the West Siberian District in Tyumen adjourned the hearing of Telenor's appeal until 30 September 2009. Telenor East Invest AS has appealed the ruling of 20 February 209 by the Appeals Court in Omsk, forcing Telenor East Invest AS to pay 1.73 billion USD to VimpelCom as a result of a claim by Farimex Products Inc., the holder of ADRs equal to 0.002 per cent of VimpelCom shares. Today's hearing was to start after an adjournment of the Tyumen court from 26 May this year.

Telenor will launch iPhone 3G S in july

Telenor will launch iPhone 3G S, the fastest most powerful iPhone yet, in Norway on 31. July.

Telenor strongly objects to statement from the Russian Bailiff

Telenor strongly opposes any plans the Russian Bailiff's office may have of selling Telenor's VimpelCom shares. "The enforcment of the claim of 1.72 billion USD is based on an incorrect court decision that has no merit and should not take place," said Jan Edvard Thygesen, EVP and head of Telenor's Central and Eastern European operations.

Telenor opens new interface to third parties

Telenor's Mobilt Bedriftsnett in Norway links mobile business users to a company's internal network. This is the first time Telenor has allowed third parties to directly integrate with its mobile network.

Moscow City Arbitrazh Court Denies Stay of Enforcement – Telenor Will Appeal ruling

On June 3, 2009, the Moscow City Arbitrazh Court denied the request by Telenor East Invest AS to stay enforcement proceedings commenced by Moscow's bailiff service under the writ of execution issued by the Omsk court to recover $1.73 billion from Telenor East Invest AS following the action brought by Farimex Products, Inc., holder of ADRs equal to 0.002% of VimpelCom shares. The hearings started 14 April and continued 30 April, 6 and 8 May until today's decision.

Kyivstar dividends for 2006 and 2007 approved

The Extraordinary GMS of Kyivstar on 1 June 2009 approved the company's accounts for the fiscal years 2006 and 2007. Based on this the EGMS decided to distribute dividends in the total amount of UAH 4.6 billion (approximately NOK 3.8 billion).

Telenor signs Nordic agreement with NorgesGruppen

NorgesGruppen and Telenor have entered into a three-year agreement for telephony services worth NOK 165 million.

Siberian court adjourns hearing of Telenor’s appeal to 10 June

On May 26, 2009, the Federal Arbitrazh (Business) Court in Tyumen, Siberia adjourned until 10 June 2009 the court proceedings concerning the appeal by Telenor East Invest AS of a 2 March 2009 ruling by the Appeals Court in Omsk on grounds that third parties were not duly notified. The ruling mandated that $1.73 billion should be collected from Telenor East Invest AS as a result of a claim by Farimex Products Inc., the holder of ADRs equal to 0.002 per cent of VimpelCom shares.

Storebrand returns to Telenor

Storebrand signs Nordic agreement with Telenor, worth approximately NOK 50 million over three years.

Farimex attacks Telenor also in Ukraine

Farimex, reputed from attacking Telenor's investments in the Russian mobile operator VimpelCom, is also behind an investigation launched by the Anti-Monopoly Committee of Ukraine (AMC) against Telenor and Kyivstar. Telenor was officially notified of the commenced investigation on 7 May this year. Farimex Products is registered on the British Virgin Islands and claims to hold ADRs representing a 0.002 per cent stake in VimpelCom.

Two New Telenor ASA Board Members

The corporate assembly in Telenor on 11 May 2009 elected two new members to the Board of Directors of Telenor ASA. They are Mr. Sanjiv Ahuja and Ms. Barbara Milan Thoralfsson.

Moscow City Arbitrazh Court adjourns the hearing of the request by Telenor to 3 June, 2009

On May 8, 2009 the judge of the Moscow City Arbitrazh Court adjourned the hearing of the request by Telenor East Invest AS to stay enforcement proceedings commenced by Moscow's bailiff service. Enforcements were commenced under the writ of execution issued by the Omsk court to recover $1.73 billion from Telenor East Invest AS following the action brought by Farimex Products, Inc. (holder of ADRs equal to 0.002% of VimpelCom shares). The case is adjourned to 3 June, 2009 in order to notify VimpelCom about the Court hearings.

First quarter 2009: Strong cash flow in a challenging environment

"In the first quarter of 2009, the Telenor Group delivered stable organic revenues and an EBITDA margin in line with our outlook for 2009. We have managed to reduce capex and costs, resulting in a strong cash flow margin in a challenging business environment. Particularly Telenor Norway and Grameenphone in Bangladesh are delivering strong performance," said Jon Fredrik Baksaas, President and CEO of Telenor.

Moscow City Arbitrazh Court adjourns the hearing of the request by Telenor to 6 may, 2009

The judge of the Moscow City Arbitrazh Court adjourned the hearing of the request by Telenor East Invest AS to stay enforcement proceedings commenced by Moscow's bailiff service under the writ of execution issued by the Omsk court to recover $1.73 billion from Telenor East Invest AS following the action brought by Farimex Products, Inc. (holder of ADRs equal to 0.002% of VimpelCom shares).

Presentation of Telenor’s first quarter results 2009

Telenor will present its financial results for the first quarter 2009 on Tuesday 5 May 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.

Stay of enforcement denied – Telenor will continue to oppose any attempt to sell its shares in VimpelCom

On April 28, 2009, the Federal Arbitrazh Court of the West Siberian District in Tyumen upheld its denial to stay enforcement of the $1.73 billion damages awarded against Telenor East Invest AS. The court heard a complaint by Telenor East Invest AS against a previous denial of its request by the same court. The damages award was decided by the Eighth Arbitrazh Appellate Court in Omsk at the suit of Farimex Products, Inc., a holder of ADRs for 0.002% of VimpelCom shares.

Presentation of Telenor’s first quarter results 2009 on 5 May 2009

The Telenor Group will release its financial results for the 1st quarter 2009 on 5 May 2009. View details about the presentation and conference call for journalists, investors and analysts.

Telenor strengthens innovation and business development

Telenor is strengthening its innovation and development focus by gathering its research and development resources into a new unit, Group Business Development & Research. The unit will be led by Executive Vice President Morten Karlsen Sørby.

Lars-Åke Norling appointed CEO of Telenor Sweden

Lars-Åke Norling has been appointed CEO of Telenor Sweden. He has held the position as acting CEO since February this year.

Telenor and Tele2 to build joint 4G network in Sweden

Telenor Sweden and Tele2 Sweden today announced an agreement to build a joint 4G network in Sweden. The agreement includes the formation of a joint venture for network construction and sharing of spectrum for mobile communication. The roll-out of what will be Sweden's most extensive 4G network will start this year with the intent of launching high-speed mobile broadband services based on LTE-technology in the end of 2010, while at the same time improving voice coverage (GSM) for all customers.

Telenor served with claim of 1.7 billion USD by Norwegian bailiff

Telenor was today officially served with a claim to pay 1.7 billion USD to Farimex Products. The claim was delivered by a Norwegian bailiff from Asker and Bærum District Court. Telenor is given five days to pay the sum voluntarily.

Telenor in Norway introduces mobile phone recycling for the sake of the environment: New trees for old phones

Now you can return your old phone. Telenor in Norway is introducing a buyback/recycling scheme for mobile phones. To thank you for helping, you will get 50 free SMSes and the Red Cross plants 25 trees in Asia, for every phone you hand in.

Nordic partnership agreement between Telenor and Elisa

Telenor Sweden has signed a Nordic partnership agreement with Finnish telecommunication company Elisa. The agreement covers the common development, marketing and support for communication solutions to large and medium-sized companies in the Nordic market.

BankID for mobile phones ready

BankID for mobile phones is now available. This is an electronic identification and signature solution where the security elements are saved on the SIM card of the mobile phone. This will make banking and payment services available to Norwegians no matter where they are in the world.

Telenor has finalised the Unitech Wireless transaction

The Telenor Group today announced that it has completed the Unitech Wireless transaction and made its first investment of INR 12.5 billion (approx. USD 250 million). Following this investment, Telenor's ownership stake in Unitech Wireless is 33.5 per cent.

Telenor to Bring iPhone 3G to Norway on March 20

(Fornebu, 17. March 2009) Telenor today announced that it will launch iPhone 3G in Norway on March 20.

Completion of the Unitech Wireless transaction

On 28 October 2008 Telenor executed an agreement to acquire a controlling interest in Unitech Wireless, through subscription for new shares. The subscription for new shares in Unitech Wireless will, as previously announced, be completed in four phases.

Alfa Held in Contempt for Second Time by US Court; Telenor’s VimpelCom Shares Arrested in Russia

A US federal court in New York yesterday held four Alfa Group companies in contempt for the second time for their failure to comply with the court's orders confirming the Kyivstar arbitration award. Shortly after the hearing ended, Telenor heard rumours that a Russian bailiff acting on behalf of Farimex Product, Inc. had arrested all of Telenor's shares in Russian mobile operator VimpelCom. This was confirmed this morning.

New Telenor heads in Serbia and Russia

Kjell Morten Johnsen has been appointed new CEO of Telenor Serbia, replacing Stein-Erik Vellan, who has been nominated head of Telenor's initiative in India. Mr. Johnsen will take up his new position as of March 16 this year. New Head of Telenor Russia will be Ole Bjørn Sjulstad.

Telenor renews its cooperation with the Norwegian National Theatre

Telenor has signed a cooperation agreement worth NOK 8.5 million with the Norwegian National Theatre. The agreement runs until 2011.

Anders Jensen appointed CEO of Pannon

Pannon, one of the leading mobile operators in Hungary, today announced that its Board of Directors has appointed Mr. Anders Jensen as the company's new Chief Executive Officer (CEO). He will succeed Mr. Ove Fredheim from April 1st 2009.

Telenor Has Appealed The Omsk Court Decision in Farimex Case

(Fornebu, Norway and Moscow, Russia) - March 4, 2009. Telenor has filed a cassation appeal of the decision of the Eighth Appellate Arbitrazh Court in Omsk ordering Telenor to pay US$1.7 billion in connection with the claim made by Farimex Products, Inc. Telenor's appeal will be heard by the Federal Arbitrazh Court for the West Siberian District, located in Tyumen. Farimex has alleged that Telenor caused losses to VimpelCom by delaying VimpelCom's acquisition of loss-making Ukrainian mobile operator, Ukrainian Radio Systems (URS), and has demanded the payment to be made.

Telenor will not block The Pirate Bay

Telenor rejects the demand from the IFPI to block access to the Swedish website, The Pirate Bay, and finds there to be no legal basis for the demand for ISPs to control and/or assess the content users download. At the same time, Telenor does not condone pirating of material and illegal file sharing.

Telenor has signed agreement with Apple to sell iPhone in Scandinavia

(Fornebu, 20 February 2009) Telenor Group today announced it has signed an agreement with Apple to bring iPhone 3G to Sweden, Denmark and Norway in the coming months.

Telenor Will Continue To Defend Its Investment in VimpelCom

(Fornebu, Norway and Omsk, Russia - 20 February 2009) Telenor has said it will appeal today's decision of the Eighth Arbitrazh Appellate Court in Omsk holding Telenor liable for approximately US$1.7 billion in damages. The Omsk court has heard from the start the claim by Farimex Products, Inc., a British Virgin Islands company, against Telenor, in which Farimex alleged that Telenor's nominees on the VimpelCom Board delayed VimpelCom's acquisition of Ukrainian mobile operator Ukrainian Radio Systems (URS). Despite the fact that the claims against Telenor are baseless and unlawful, the Court decided to grant Farimex's claims in part.

Top Management Nominated at Unitech Wireless

(Fornebu, 19 February 2009) Stein-Erik Vellan has been nominated for the position as Managing Director (MD) of Unitech Wireless in India. Vellan is currently serving as CEO of Telenor Serbia. Johan Lindgren, currently CEO of Telenor Sweden, has been nominated for the role as Chief Financial Officer of the company. David Meneghello will also join Unitech Wireless, as Chief Marketing Officer (CMO).

Telenor launches Online Album in Norway

(Fornebu, 18 February 2009) Telenor launches Online Album in Norway, a service that makes it easy to store photos taken on your mobile phone. At the same time, it is easy to share photos with family, friends and online social networks.

Telenor entering India – Investment update: Presentation now available

The presentation from Telenor's analyst and press conference regarding investment plans for Unitech Wireless is now available.

Unitech Wireless enters into tower sharing agreement

The Indian mobile operator Unitech Wireless today announced the signing of tower sharing agreements with Wireless-TT Info Service Limited (Tata Teleservices' tower company) and Quippo Telecom Infrastructure Limited. In addition, an agreement for the provision of transmission has been entered into with Tata Teleservices. These agreements are key components in the process of completing the transaction in which Telenor will take a 60 percent stake in Unitech Wireless.

Fourth quarter and preliminary results for 2008: Delivering a solid quarter

"For the full year 2008, the Telenor Group delivered good organic revenue growth and upheld the market positions, in spite of challenging macro economic conditions," said President and CEO of Telenor, Jon Fredrik Baksaas.

Presentation of Telenor’s fourth quarter results 2008

Telenor will present its financial results for the fourth quarter 2008 on Wednesday 11 February 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.

Telenor signs Nordic agreement with the Reitan group

(Fornebu, 2 February 2009) The Reitan group and Telenor have signed a five-year Nordic cooperation agreement covering Norway, Sweden and Denmark. Over its lifetime, the agreement is worth approximately NOK 250 million and strengthens Telenor's position in the Nordic market.

Bus tickets on your mobile

(Telenor, 2 Feb 2009) Within a few years you will be able to use your mobile phone as a means of payment on buses, trams and trains. Then you can leave your bank card and cash at home when using public transport.

Telenor withdraws the proposed rights issue

Telenor has decided to fund its investment in Unitech Wireless in India through a combination of cash flow and issuance of additional debt.

New timeframe for closing of India transaction

Telenor has earlier communicated that closing of the Unitech Wireless transaction in India would take place during January. Completion of the transaction is now expected to take place during the first quarter of 2009.

Telenor signs new agreement for the provision of telecommunication services to DSS

DSS has, on behalf of 16 ministries and the Office of the Prime Minister, chosen Telenor as the provider of fixed and mobile traffic. In total, the contract is worth approximately NOK 11 million annually.