Telenor's ONP Report for 2000
Fornebu
3 minute read
Telenor's ONP Report for 2000 has been submitted to the Norwegian Post and Telecommunications Authority (PT). The ONP Report shows Telenor's annual returns derived from those products subject to concession. In 2000 the yields for fixed telephony and leased lines were at a similar level to 1999 while yields on mobile telephony were somewhat higher.
The Open Network Provisions Report is prepared annually by Telenor and submitted to the Norwegian Post and Telecommunications authority. In the guidelines laid down for the report, it is stated that Telenor shall be reimbursed for costs incurred plus a reasonable profit on products associated with fixed lines, mobile telephony and leased lines which are subject to concession.
Telenor's ONP Report for 2000 reveals that yields for fixed lines and leased lines are at the same level as in 1999. The high rate of returns on mobile telephony is essentially due to the strong growth in volume last year as a result of increased number of subscriptions and growth in traffic. The yields of the mobile sector must also be viewed in light of the considerable investments in the GSM-network since 1993 and up to the present. Only since August 2000 has Telenor experienced a positive accumulated cashflow from these investments.
Telenor's profits on products subject to concession must also be seen in light of the OECD annual reports which state that Telenor continues to have some of the lowest prices in Europe.
The complete ONP Report is available at the Norwegian Post and Telecommunications authority.
About Telenor
Telenor is one of the most value-added companies in Norway with a turnover of some NOK 37.6 billion in 2000 and around 20,200 manpower years at home and abroad. Telenor is a leading participant in the market within telecommunications, data services, and media dissemination. Internationally, Telenor is particularly focussed on mobile telephony, the Internet, TV-networks and satellite communications. Telenor aims at offering domestic and international clients high quality solutions at competitive prices, and to contribute to increased value for shareholders. Telenor is quoted on the Norwegian Stock Exchange (TEL) and on NASDAQ in New York (TELN).
Telenor's ONP Report for 2000 reveals that yields for fixed lines and leased lines are at the same level as in 1999. The high rate of returns on mobile telephony is essentially due to the strong growth in volume last year as a result of increased number of subscriptions and growth in traffic. The yields of the mobile sector must also be viewed in light of the considerable investments in the GSM-network since 1993 and up to the present. Only since August 2000 has Telenor experienced a positive accumulated cashflow from these investments.
Telenor's profits on products subject to concession must also be seen in light of the OECD annual reports which state that Telenor continues to have some of the lowest prices in Europe.
The complete ONP Report is available at the Norwegian Post and Telecommunications authority.
About Telenor
Telenor is one of the most value-added companies in Norway with a turnover of some NOK 37.6 billion in 2000 and around 20,200 manpower years at home and abroad. Telenor is a leading participant in the market within telecommunications, data services, and media dissemination. Internationally, Telenor is particularly focussed on mobile telephony, the Internet, TV-networks and satellite communications. Telenor aims at offering domestic and international clients high quality solutions at competitive prices, and to contribute to increased value for shareholders. Telenor is quoted on the Norwegian Stock Exchange (TEL) and on NASDAQ in New York (TELN).