Telenor targets Internet for all and improved efficiency to reach its cash flow target

Press release
2 minute read
Telenor executives take the stage at Fornebu today for the 2013 Capital Markets Day. Their shared message centers on Telenor’s ambition to drive topline growth and increase efficiency to reach the Group’s target of an operating cash flow of NOK 28-30 billion in 2015.
Watch webcast of Telenor’s Capital Markets Day here

Today’s Capital Markets Day presentations will focus on monetising on mobile data growth and improving efficiency. A key element in the company’s growth strategy is to bring Internet to all. The company believes in tapping into the vast base of unconnected subscribers, driving revenue growth from mobile data.

Telenor shares its continued ambition to achieve efficiency gains of NOK 5 billion towards 2015, and operating cash flow of NOK 28-30 billion in 2015.

Speakers on today’s agenda represent dtac in Thailand, Region Europe and Telenor Norway, while CEO Jon Fredrik Baksaas and CFO Richard Aa will share Telenor Group’s strategic direction and financial priorities.

“This year’s Capital Markets Day program shows that we continue to build on our strong regional footprint and market positions in Europe and Asia. Continued growth combined with improved efficiency is vital to reach our cash flow target. Mobile internet is a catalyst for growth for societies and individuals and must be accessible to everyone,” said Jon Fredrik Baksaas, CEO of Telenor Group.

Contact information:

Investor Relations

Marianne Moe, Head of Investor Relations, Mobile: (+47) 91 61 76 31


Meera Bhatia, Communications Managers, Mobile: (+47) 4684 4959, E-mail: