Telenor/Telia -Group acquires German business ISP OMNILINK
Telenor/Telia, the recently merged Scandinavian telecommunications Group, continues its ambitious international expansion into Germany.
OMNILINK is the second German business ISP to be acquired by the Group this month, after the successful acquisition of Darmstadt-based e.comp.
Telenor/Telia sells Telia Norge to Enitel for NOK 2,000 million
Telenor/Telia have entered into an agreement to sell the Norwegian subsidiary Telia Norge AS to Enitel. Total selling price is NOK 2,000 million. Through the sale, Telenor/Telia will make a profit of c. NOK 1,400 million.
KPN and Telia/Telenor announce intention to dispose of their 35% stake in Eircom
After three successful years of partnership, KPN Royal Dutch Telecom and Telia of Sweden intend to dispose of their strategic investment in Irish telecom operator Eircom. This decision follows the European Commission’s requirement that the combined Telia/Telenor group divest of one of their interests in competing Irish telecommunications operators.
Advisers appointed for the sales of cable TV business
Telenor/Telia announces the appointment of NM Rothschild & Sons (“Rothschild”) and D. Carnegie AB (“Carnegie”) as joint advisers on the sale of their respective cable TV businesses, TIMTV and Telenor Avidi. Disposal of those businesses is a condition of EU approval of the merger between the two parent companies.
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Sense Communications buys GSM network capacity from Telia/Telenor Mobile
Telia/Telenor Mobile have signed service provider agreements with telecom operator, Sense Communications International AS. Sense will buy GSM network capacity from the two companies allowing it to develop and offer a suite of mobile communications services to its own customer base throughout Sweden and Norway.
NEWTEL IRELAND AB Cash offer for ESAT TELECOM GROUP PLC
The board of Newtel Ireland AB confirms that, following the announcement last week by the Governments of Norway and Sweden that the merger of Telenor AS and Telia AB to form Newtel AB is to be unwound, Newtel AB has agreed to sell the shares held by it in Newtel Ireland AB to Telenor AS. Consequently, Newtel Ireland is a wholly owned subsidiary of Telenor AS and is being renamed Telenor Ireland AB.
Telenor/Telia acquires German business ISP: e.comp
Telenor/Telia, the recently merged Scandinavian telecommunications group, continues its ambitious international expansion into Germany. With the acquisition of e.comp, an Internet Service Provider focusing on the business market, Telia/Telenor will enter Germany’s large and demanding professional IP-based communication services market.
Telenor/Telia cuts Norwegian mobile prices by NOK 150 per customer
Beginning on 1 February 2000, Telenor will change its pricing structure and cut call prices for its GSM mobile phone customers. Calls will be billed in seconds with an initial charge, making it cheaper to call and send text messages. All in all, the move will give net price reductions of NOK 250 million (more than 31 million USD) in 2000. This is a seven per cent cut, or NOK 150 per GSM subscriber (nearly 19 USD).
Telenor/Telia: Stronger earnings despite deep price cuts
Telenor and Telia reported earnings higher than in the corresponding period the preceding year, excluding one-off items. Higher earnings resulted from a combination of stronger revenues and successful cost-cutting, mainly in the domestic markets.
Telenor and Q-Free take the first step to European toll road standard
Q-Free and Telenor were recently chosen as contractors for a new electronic tag system for road toll collection in Norway. The project, called Autopass, will set a new standard for Electronic Fee Collection system (EFC) in Norway. This new tag is the first step towards a common European toll road standard.