Press releases
Strong cash flow supporting the dividend
(Fornebu, 2 February 2022) Several years of modernisation and digitalisation initiatives enabled Telenor to deliver solid operational results for 2021, despite impact from the ongoing pandemic. For the full year the company delivers stable subscription and traffic revenues and EBITDA. The strong free cash flow of NOK 13 billion supports the proposed dividend of NOK 9.30 per share resulting in a yield of around 6 percent.
Telenor teams with AWS to accelerate modernisation of telecommunications
(Fornebu, 20 January 2022) Telenor expands cloud-based core network innovation and creates new 5G and edge services for customers.
Telenor Group agrees to sell its stake in Wave Money to Yoma Strategic
(Singapore/Oslo, 17 January 2022) Telenor Group and Yoma Strategic have entered into an agreement to sell Telenor Group’s 51 percent share of Digital Money Myanmar Limited (“Wave Money”) for USD 53 million to Yoma MFS Holdings Pte. Ltd, a subsidiary of Yoma Strategic. This subsidiary is to be funded by a consortium of investors led […]
Telenor: 5 tech trends that will fuel the green transition of society in 2022
(Fornebu, 3 January 2022) As the climate change alarm bells get louder, technology and digitalisation will come to our aid in 2022, predicts Telenor Research in its latest Tech Trends report. Green clouds, a battle for optimisation, and climate enlightenment through digital micro degrees and greenfluencers are some of the trends that will deliver a more sustainable future.
C.P. Group and Telenor Group support True and dtac in exploring the creation of a new telecom-tech company
(Oslo/Bangkok, 22 November 2021) C.P. Group and Telenor Group announced today that they have agreed to explore the creation of a new telecom-tech company comprising of True and dtac. The new company will be a merger of equals, and bring the best of the two local companies, with the support of its key sponsoring shareholders. […]
Telenor Group appoints Rita Skjærvik EVP Group Strategy and External Relations
(Fornebu, 16 November 2021) Rita Skjærvik has been appointed EVP Group Strategy and External Relations and will become member of Telenor’s Group Executive Management team as of 1 December.
Telenor and Google Cloud Form Strategic Partnership
(Fornebu, 15 November 2021) Telenor has signed a strategic partnership with Google Cloud to further explore areas of cooperation and define key strategic initiatives, advancing Telenor’s digital capabilities.
New world record: Telenor employees write e-learning history
(Fornebu, 11 November 2021) Telenor employees across the Nordics and Asia prove they intend to remain at the forefront of upskilling to meet the rapidly changing demands of global customers by setting a new e-learning world record.
Subscriber growth and strong cash flow
(Fornebu, 28 October 2021) «In the third quarter, Telenor reports flat organic subscription and traffic revenues, a 2% decline in organic EBITDA and a strong cash flow of NOK 7 billion. The results are impacted by the prevailing covid situation in Asia, nevertheless, we see strong trends, adding almost 2 million subscribers this quarter and almost 7 million year to date.
Jussi Tolvanen becomes new CEO of DNA
(Fornebu, 3 September 2021) Effective from 11 October 2021, Tolvanen will head Telenor Group’s Finnish subsidiary DNA. The company’s current CEO, Jukka Leinonen, will take on the role as Head of Telenor Group’s Nordic Cluster full-time. Leinonen continues his role in Telenor Group’s Executive Management.
