The Telenor centre at Kokstad in Bergen: Picks up international real estate award
Fending off keen competition from projects from all over the world, Telenor’s office building at Kokstad, Bergen ran off with the top honours in the prestigious international real estate award Prix d’Excellence. The award is presented by the international organisation FIABCI. This is the tenth award bestowed on the Telenor Centre at Kokstad.
New CEO in Canal Digital
has temporarily been appointed CEO of Canal Digital AS, the biggest television distribution company in the Nordic countries. Mr. Albech is deputy managing director of Telenor Broadcast and he has broad experience of Telenor’s television operations.
Telenor’s Annual General Meeting_51
Telenor ASA’s Annual General Meeting has today approved the annual report and accounts of Telenor ASA and the Group for 2002, and the Board of Directors’ proposed dividend of NOK 0.45 per share. The dividend will be paid out on May 23, 2003 to shareholders registered as holding shares on the date of the Annual General Meeting. As of May 9, 2003, shares in Telenor will be traded exclusive of dividend.
Two new members elected to the Board of Telenor ASA
The Corporate Assembly of Telenor has elected two new members to the Board of Telenor ASA. They are Ms. Liselott Kilaas and Mr. John Giverholt.
Results for the first quarter of 2003
Telenor’s revenues increased by nine per cent to NOK 12.6 billion in the first quarter of 2003 compared to the first quarter of 2002. In the same period operating profit increased from NOK 602 million to NOK 1,475 million as a result of good underlying development, and profit before taxes and minority interests increased by more than NOK one billion to NOK 1,047 million.
Telenor: Reduced SMS prices as of today
Telenor Mobil has recently announced extensive price cuts in June. The SMS prices are however effective already today. Thus, the price of an SMS will start at only NOK 0.69 for Telenor Mobil customers.
Press conference on 1st quarter results.
Telenor invites to a press conference regarding the publication of the financial results for the 1st quarter 2003. CEO Jon Fredrik Baksaas will present the results. The press conference, which will be held in Norwegian, takes place in the auditorium at Telenor Expo, Visitors’ Centre, at Fornebu outside Oslo on Wednesday 7 May at 0900 hrs Norwegian time.
Telenor has sold nine percent of Cosmote’s share capital via an accelerated equity offering for NOK 2.1 bn.
Telenor announced today the sale of a 9% shareholding in the leading Greek mobile telecom operator Cosmote raising total proceeds of NOK 2.1bn and representing a financial gain before tax of approximately NOK 1.5bn.
Reminder: Capital Markets Day
Telenor reminds of its Capital Markets Day 2003. The programme will provide a thorough insight into Telenor’s strategies, future development and business areas.
Telenor: Mobile prices to be cut by NOK 300 million
Telenor Mobil’s price structure will be far simpler from June 16 this year. Simultaneously, prices on both calls and text messages will be reduced by a total of approximately NOK 300 million. Text messages will cost from NOK 0.69.