In Norway, Telenor is by far the largest full-service provider of communications services, with a market share of 50-70 % in mobile communications, fixed telephony, data communications and Internet services, as well as a provider of TV services over cable networks, satellite and broadcasting networks. Telenor is the market leader in both the residential and business segments.
In the Nordic region, Telenor is in the process of establishing a position as one of the leading mobile communication providers, through, for example, the acquisition of 53.5 % of the shares in Denmark's second-largest mobile company, Sonofon Holding A/S, in 2000. Telenor has also established a presence in Sweden, and we will increase our investments there.
Telenor has established a significant business portfolio internationally since 1995, with emphasis on mobile telephony and Internet services, especially in priority markets in Europe and Southeast Asia. At the start of 2001, Telenor had active operations in 29 countries outside of Norway through its strategic ownership interests.
Telenor is also well on its way to realizing its goal of establishing a pan-European service and a position in IP-based communications services for the business market.
