Telenor is one of the largest mobile operators worldwide with ownership interests in 12 mobile operators across Europe and Asia, constituting a total subscriber base of 82.7 million at year-end 2005.

Telenor is Norway’s largest telecommunications company and one of the fastest growing providers of mobile communications services worldwide. Telenor is also the largest provider of TV services in the Nordic region. In 2005, 57% of the Group’s revenues were derived from the mobile operations. Telenor has mobile operations in some of the world’s fastest growing markets, and the home market, Norway, is one of the most advanced in the world today.

Telenor has controlling interests in the following mobile operations: Telenor in Norway; Sonofon in Denmark; Vodafone Sweden in Sweden; Kyivstar in Ukraine; Pannon in Hungary; ProMonte in Montenegro; DTAC in Thailand; DiGi in Malaysia; GrameenPhone in Bangladesh and Telenor Pakistan in Pakistan.

Telenor also has substantial ownership interests in mobile providers VimpelCom in Russia (29.9 per cent) and ONE in Austria (17.5 per cent).

Group revenues for 2005 reached NOK 68.9 billion - a growth of 14 per cent compared to 2004. At year-end 2005, Telenor employed 27,600 people (man-years) – 16,700 of whom were employed outside Norway.

More information: www.telenor.com

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