Press Releases

Telenor Does Not Support Proposed VimpelCom Acquisition of Weather Investments

As formally communicated to VimpelCom Ltd.'s Chairman yesterday, based on the information available to it and recent developments, Telenor ASA has determined that the proposed acquisition by VimpelCom Ltd. of Weather Investments S.p.A. is not in the best interests of VimpelCom shareholders and therefore does not intend to support the transaction.

Telenor Becomes A Norwegian Red Cross’ Key Partner

Telenor and the Norwegian Red Cross have signed an agreement making Telenor a Red Cross' key partner for the next three years. The agreement is worth at least NOK 9 million.

Third quarter 2010: strengthened growth, margins and outlook

In the third quarter of 2010, Telenor Group reported revenues of NOK 24.1 billion, representing an organic revenue growth of six per cent. EBITDA before other items was NOK 7.9 billion, EBITDA margin was 33 per cent, and operating cash flow margin was 23 per cent. Telenor's consolidated mobile operations added seven million subscriptions during the quarter.

Presentation of Telenor’s third quarter results 2010

Telenor will present its financial results for the third quarter 2010 on Wednesday 27 October 2010 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.

Electing Norway’s nimblest

On Saturday, 23 October Telekiosken, Telenor and Samsung are arranging the qualification round for the Norwegian Championships in SMS messaging at shopping centres all over Norway. The event produced a Norwegian world record-holder last year. Practice makes perfect - in 2009 we sent more than 6.5 billion SMS messages in Norway.

Bundling mobile needs into a single subscription

Telenor is now launching a new mobile bundle aimed at the small business. The new offer bundles, for the first time, a business subscription for mobile voice and mobile broadband services with a mobile phone, into a single product at a fixed price.

Telenor and PayEx to establish Valuecodes

Telenor and PayEx have joined forces and established the company Valuecodes. By combining their knowledge and experience their objective is to take a leading role in the new digital market for coupons, gift vouchers and tickets.

Norway Post signs agreement with Telenor

Telenor has signed a new agreement with Norway Post for the provision of telephony and mobile data services.

Telenor and Norwegian Ski Federation to prolong sponsorship

Telenor and the Norwegian Ski Federation (NSF) today announced that they have prolonged an agreement in which Telenor continues as main sponsor for alpine skiing. Telenor will also continue as main sponsor for Telenor Karusellen, a skiing competition for children

Telenor Culture Prize 2010

The Telenor Culture Prize for 2010 is awarded to the acknowledged Danish-Icelandic artist Olafur Eliasson.

Decline in digital bullying among children and young people

A new survey shows that the amount of digital bullying among children and young people has fallen in the past two years. Yet despite the trend following the right course, two out of three still say that they or someone they know have received messages they perceive as bullying. Telenor, the Red Cross, Barnevakten, and the Norwegian Media Authority are now intensifying the fight against digital bullying. In the autumn 50 new junior high schools will be visited by the "Bruk Hue" (use your head) campaign.

Telenor and Telefonica sign a partnership agreement for multinational customers

Telenor and Telefonica will support each other's multinational customer (MNC) requirements in 22 countries. The agreement reinforces both companies' managed mobility solutions for multinational customers.

Telenor launches new store concept in Norway

Norway's first two Telenor stores open in Sandvika and Storo today. The stores will provide ordinary people with a better understanding of how communication technology can make life easier.

Changes to the Telenor Group Executive Management

Bjørn Magnus Kopperud, Executive Vice President and Head of Telenor Group People & Organisation, has been appointed Deputy Head of Telenor Central and Eastern Europe. He will take up his new position following today's announcement and withdraw from the Group Executive Management.

An SMS for flood victims in Pakistan

On Wednesday Telenor launched the opportunity for charity donations via SMS in Norway. The Norwegian Red Cross is the first organisation to start using this new donation tool, in the work to help flood victims in Pakistan.

Telenor and Opera to co-operate on mobile Internet growth worldwide

The Telenor Group and Opera Software announced a non-exclusive Global Framework Agreement aiming to stimulate rapid growth of mobile Internet services across Telenor's business units. Telenor's business units can co-brand, distribute and run the Opera Mini mobile browser across its mobile handset and subscriber portfolios. As a result, Telenor's customers in all geographies will be able to enjoy a fast, affordable and user-friendly mobile web experience on their favourite handset.

Mobile data and Asia driving growth

In the second quarter of 2010, Telenor Group reported revenues of NOK 25.2 billion, representing an organic revenue growth of 5 per cent. The EBITDA margin in the second quarter of 2010 was 28 per cent, and operating cash flow margin was 16 per cent. Adjusted operating profit was NOK 2.9 billion. Telenor's mobile operations added 5.4 million subscriptions during the quarter.

Management change in Uninor

The board of Uninor has accepted the resignation of Stein-Erik Vellan as managing Director. Sigve Brekke, Head of Telenor Asia Region, has been nominated as the Managing director of Uninor pending all regulatory and statutory approvals in India, and will also continue to be the head of Asia for Telenor.

Telenor Norway with extensive technology modernisation

Telenor Norway is implementing powerful measures to renew the IS area in the company. By simplifying and making changes to the supplier side, Telenor is improving supplier management, with major gains in the form of efficiency, quality and flexibility.

EDB and ErgoGroup to join forces

The boards of directors of EDB Business Partner and ErgoGroup have agreed to recommend to their shareholders a combination of EDB and ErgoGroup to create a leading Nordic IT vendor. Telenor Group holds an ownership share of 51.3 per cent of EDB Business Partner.

Uninor launched in five new circles in India

Uninor has today launched its services in five new telecom circles, increasing its coverage to 13 telecom circles and its population footprint to 900 million people across India. Telenor holds a 67.25 per cent stake in the company.

TV4 Group and Telenor strengthen Canal+ through Nordic co-ownership

The TV4 Group and Telenor Group today announced that they have entered a co-ownership agreement for C More Entertainment, which runs its premium TV operations under the Canal+ brand. Telenor will acquire 35 per cent of C More Entertainment through a share purchase and a directed new share issue of the company's shares. Telenor has paid a cash consideration of SEK 787 million. In addition, certain sports rights owned by Telenor, such as SAS Ligaen and FIFA World Cup 2010 in Denmark, have been sublicensed to C More Entertainment. The Nordic co-ownership provides Canal+ with long term access to important content for its TV subscribers. Canal+ customers will be offered an increased selection of top quality sports, films and series.

First quarter: Strong momentum into 2010

In the first quarter of 2010, Telenor Group reported revenues of NOK 24 billion, representing an organic revenue growth of 3 per cent. The EBITDA margin in the first quarter of 2010 was 30 per cent, and operating cash flow margin was 20 per cent. Telenor's mobile operations added 5 million subscriptions during the quarter, reaching a total of 179 million.

Presentation of Telenor’s first quarter results 2010

Telenor will present its financial results for the first quarter 2010 on Wednesday 5 May 2010 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.

Hilde Tonne appointed Deputy Head of Asia Region

Telenor Group today announced that Ms. Hilde Tonne (44) is appointed Deputy Head of Asia Region. The appointment will strengthen management and operational attention towards Telenor's Asian subsidiaries.

VimpelCom Ltd. Successfully Completes Exchange Offer for OJSC VimpelCom Shares and American Depositary Shares

Telenor has today sent a the following notice to the Oslo Stock Exchange:

Farimex Withdraws Claim Against Telenor and Tyumen Court Cancels Omsk Ruling and Terminates All Proceedings

Farimex Products, Inc. today withdrew its claim against Telenor East Invest AS, and the Federal Arbitrazh (Business) Court of the West Siberian District, in Tyumen, cancelled the ruling of the Eighth Arbitrazh Appellate Court in Omsk holding Telenor East Invest AS liable for US$1.73 billion in damages and terminated all proceedings.

VimpelCom Ltd. Announces Results of U.S. Exchange Offer

VimpelCom Limited has today issued a press release titled "VimpelCom Ltd. Announces Results of U.S. Exchange Offer. Trading of VimpelCom Ltd. to Begin Today on a When-issued Basis".

Jon Erik Haug appointed CEO of Telenor in Denmark

Telenor Group today announced that Mr. Jon Erik Haug is appointed Chief Executive Officer of Telenor in Denmark. Jon Erik Haug will succeed Mr. Henrik Clausen, who is appointed CEO of DiGi, Telenor's subsidiary in Malaysia.

Henrik Clausen appointed CEO of DiGi in Malaysia

DiGi Telecommunications Sdn Bhd today announced that its Board of Directors has appointed Mr. Henrik Clausen as the company's new Chief Executive Officer (CEO). Henrik Clausen will succeed Mr. Johan Dennelind who leaves DiGi on May 17th.

The Federal Arbitrazh (Business) Court of the West Siberian District Again Postpones Hearing of Telenor’s Appeal in Farimex Case

The Federal Arbitrazh (Business) Court of the West Siberian District, Tyumen, today postponed for the fourth time 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 US$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 OJSC VimpelCom shares.

Pannon in Hungary rebrands to Telenor

Pannon in Hungary rebrands to Telenor

Telenor launches TV for fibre customers

Telenor's IP TV product is now launched, providing Telenor's fibre customers with the ideal communications solution for the whole family: high-speed broadband, telephony and probably the best range of TV in the Nordic Region - all on the same fibre optic cable.

Malaysian students awarded for climate friendly solutions

His Royal Highness Crown Prince Haakon and her Royal Highness Crown Princess Mette-Marit of Norway today presented the awards to the winning teams of the Deep Green Challenge for Change competition in Malaysia.

Fourth quarter and preliminary results for 2009: All-time high cash flow of NOK 20 billion

For the full year of 2009, Telenor's reported revenues increased by 2 per cent compared to 2008, reaching NOK 97.7 billion. The operating profit was NOK 13.3 billion. Telenor's mobile operations added 2 million subscriptions during the quarter, reaching a total of 174 million.

VimpelCom Ltd. press release

VimpelCom Ltd. has today published a press release titled: VimpelCom Ltd. Announces Launch of Exchange Offer for OJSC VimpelCom Shares and American Depositary Shares

Presentation of Telenor’s fourth quarter results 2009

(Fornebu, 8 February 2010) Telenor will present its financial results for the fourth quarter 2009 on Wednesday 10 February 2010 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.

Uninor debuts with 1.2 million subscribers in first month

Uninor today announced its first month-end subscriber numbers since the launch in December 2009. By the end of the month, Uninor had secured 1.2 million subscribers in the eight telecom circles where its GSM services are available.