Latest news

September 2003

1 Sep, 2003 15:19 Press Release

Telenor Mobil increases GSM coverage along the Norwegian coast

Telenor Mobil intends to significantly increase the GSM coverage along the Norwegian coast. In many places signals will extend four times as far from land as today. The development will be concluded before the decommissioning of the NMT-450 service on December 31, 2004.

August 2003

28 Aug, 2003 16:56 Press Release

VimpelCom press releases

Please be adviced of three press relases issued by the Russian mobile company VimpelCom, where Telenor is a share holder.

22 Aug, 2003 13:07 Press Release

Telenor gives free MMS in September and October too

Oslo, August 22nd, 2003: Sending picture messages on a mobile phone (MMS) will be free of charge for Telenor Mobil’s customers in September and October too. The MMS use has undergone an explosive growth during the summer and Telenor Mobil want more of their customers to be able to try out the service for some time free of charge.

20 Aug, 2003 08:43 Press Release

Telenor to sell Comincom and Combellga for a 19.5% stake in Golden Telecom

MOSCOW, OSLO Telenor announced today that it has signed a Share Exchange Agreement with Golden Telecom, Inc. under which Golden Telecom, Inc. will receive 100% of the shares of OAO Comincom and its wholly-owned subsidiary, OAO Combellga, in exchange for 19.5% of Golden Telecom Inc., calculated on a post-acquisition basis. The transaction will make Comincom and Combellga wholly owned subsidiaries of Golden Telecom, Inc. Based on the current share price for Golden Telecom, Telenor’s stake is equivalent to approximately US$220 million.

July 2003

31 Jul, 2003 09:34 Press Release

Telenor enters into agreement with Coop Norge AS

Telenor and Coop Norge AS have entered into a framework agreement of a two-year duration. The agreement involves supply of a complete communications solution for fixed telephony, mobile telephony and data communications to Coop Norge AS and its co-operative societies, including Coop’s chain of shops. The agreement has a total value of approximately NOK 60 million.

23 Jul, 2003 08:00 Press Release

Results for the second quarter of 2003

Telenor’s revenues in the second quarter increased by 10 per cent to more than NOK 13.2 billion compared to the corresponding period last year. Operating profit increased from NOK 691 million to NOK 1.612 million as a result of good underlying development. Profit before taxes increased by NOK 2.1 billion to nearly NOK 2.5 billion, which include a gain of NOK 1.5 billion following the sale of shares in the Greek mobile company Cosmote.

18 Jul, 2003 09:13 Press Release

Telenor: Presentation of second quarter results

Telenor will present their financial results for the second quarter on Wednesday 23 July, at 0900 hrs Norwegian time. The presentation will be a joint press and analysts presentation, held in Norwegian in the Auditorium, Telenor Expo Visitor centre at Fornebu.

16 Jul, 2003 09:42 Press Release

Telenor Business Solutions UK sold to 2escape2

Telenor today announced that it has entered into an agreement to sell Telenor Business Solutions UK to 2escape2 Limited. This transaction concludes Telenor’s restructuring of its international Internet operations.

3 Jul, 2003 12:05 Press Release

Statoil launches Wireless Internet at 300 petrol stations

Statoil Detaljhandel AS and Telenor today announced the launch of wireless Internet zones at 300 Statoil petrol stations throughout Norway. The deployment is one of Europe’s largest Wi-Fi (“wireless fidelity”) rollouts and Statoil is the first major gas station chain to offer its customers wireless access. The solution, based on industry-standard WLAN technology (Wireless Local Area Network), allows business and private users to access E-mail and Internet Services from Statoil Petrol Stations all over Norway.

June 2003

24 Jun, 2003 09:07 Press Release

Telenor purchases remaining 25 per cent of Comincom-Combellga from minority shareholders.

Telenor has acquired the remaining shares held by the minority shareholders of Comincom-Combellga. Telenor paid US$120 million for a 75 per cent stake in Comincom-Combellga in 2000. With the purchase of the 25 per cent minority interest, Telenor assumes 100 per cent ownership of the company. Telenor has acquired the shares, held by private individuals and public organisations, for US$ 30 million.