Exercise of Viag option
Information notice to British Telecommunications plc.
Telenor adjusts its prices
Telenor will be making some changes to its prices at the turn of the year. The minimum call charge will be increased in both the fixed and the mobile networks, while fixed network call rates (Norway price) per minute will be reduced for daytime calls. It will also be cheaper to call from the fixed network to Telenor Mobil and to several countries in and outside Europe.
Telenor awarded UMTS licence in Portugal
The Portuguese company ONI WAY, where Telenor has a 20 per cent stake, has been awarded a licence by the Portuguese Government for third generation mobile operations (UMTS) in Portugal. The licence was awarded after a “beauty contest”, where the price for each licence was set to 100 million Euro.
Telenor and Ericsson sign UMTS contract
Telenor has signed a contract securing Ericsson as its main supplier during the development process of Telenor’s UMTS network in Norway.
Telenordia not awarded UMTS license
Telenordia, the joint venture between Telenor and BT, was not awarded a license for third generation mobile operations (UMTS) in Sweden.
Telenor and Oracle sign global partnership agreement for ASP
Telenor has signed a global partnership agreement with Oracle, one of the worlds largest software companies. The agreement gives Telenor worldwide non-exclusive rights to use Oracles technology platform as the basis for ASP (Application Service Provider) and outsourcing services. Telenor is one of the first companies in Europe to enter into such an agreement with Oracle.
Telenor chairman resigns
Chairman of the board in Telenor ASA, Mr. Eivind Reiten, will resign as a result of his acceptance to become President and CEO of Norsk Hydro from May 2nd 2001.
BT and Telenor agree on extending option on Esat Digifone
BT and Telenor agree on extending Telenors put option on Esat Digifone from December 7 this year to February 7, 2001.
Telenor announces final details in relation to its IPO
At a press conference in Oslo Sunday, Telenor announced final details in relation to the completion of the Companys IPO.
Telenor IPO: Indicative price range revised to NOK 42 to NOK 46 per Ordinary Share
Telenor announced today that, due to changed market conditions, it has revised the indicative price range for its IPO to be NOK 42 to NOK 46 per ordinary share (or US$13.57 and US$14.86 per ADS). The total Global Offering (excluding the over-allotment option) would raise a total of between NOK 15.6 billion and NOK 17.1 billion in the form of new shares, with the full proceeds accruing to Telenor.