We are faced with demanding challenges with regard to the development of completely new business models, in addition to productivity and cost improvements. Stronger competition in the telecommunications and IT markets means continuously declining prices for most services, and at the same time the customers benefit from greater variety and lightened innovation.
The strong growth we have experienced in recent years in the telecommunications and IT sector is expected to continue in the years to come, especially in the areas of mobile communications and the Internet. Telenor desires to take its share of this growth. To be successful we must have the ability to develop and deliver world-class services at competitive prices both at home and abroad.
