Telenor’s acquisition of Vodafone Sweden approved by competition authorities
: EU competition authorities have approved Telenor’s acquisition of Vodafone Sweden. Now that EU approval has been secured, Telenor will take over the company on 5 January 2006.
Victory for Telenor in Sonofon tax case
In its decision of 21 December 2005 the Appeal Court (Borgarting Lagmannsrett) ruled in favour of Telenor in respect of Telenor’s intragroup sale of its shares in Sonofon Holding A/S. This sale triggered a tax loss of approx. NOK 8.6 billion, with corresponding reduced tax charges of approximately NOK 2.4 billion for the fiscal year 2001. Thus, the Appeal Court upheld the decision by Oslo District Court (Oslo Tingrett) from June 2004. Telenor does not know whether the tax authorities will appeal this decision. An appeal must be filed within one month.
SONOFON buys UMTS license
SONOFON has been awarded the fourth Danish UMTS-license by The Danish National IT and Telecom Agency at a price of DKK 533 million. SONOFON plans to launch its first 3G services in 2006. Telenor has already 3G services in Norway, Sweden and Hungary and SONOFON will benefit from Telenor’s experience in the roll-out of the Danish 3G network.
Johan Lindgren new CEO of Vodafone Sweden
The Deputy CEO and CFO of Bredbandsbolaget has been nominated for the position as new CEO of Vodafone Sweden, as Telenor creates Nordic platform.
Telenor into the Swedish fuse box
E.ON, Sweden’s largest energy supplier, chooses Telenor Cinclus to supply new meter reading technology in the largest agreement of its kind in Sweden, worth approximately SEK 350 million.
Watch the Winter Olympics on your mobile
: Watch live transmissions, highlights, and recaps from next year’s Winter Olympics in Torino directly on your mobile phone – free of charge! This has now been made possible through an exclusive mobile TV collaboration between Telenor and NRK.
Garrett Johnston leaves Telenor
Former Chief Marketing Officer of Ukrainian mobile company Kyivstar, Garrett Johnston has decided to leave the Telenor Group in order to pursue other business opportunities.
Wireless Zones from Telenor – now available to all mobile subscribers
Telenor is making more than 400 wireless WLAN zones available to all mobile subscribers.
Telenor to upgrade its Online ADSL offering: higher speeds, lower rates and a new Mini subscription
Telenor is upgrading its broadband offering to Norwegian consumers, increasing the speeds of all ADSL products. At the same time, Telenor also introduces a Mini subscription plan for people who are holding out for lower rates.
Telenor to offer up to four times higher ADSL speeds in the business market
: Telenor again undertakes a significant broadband upgrade for its business customers. As of 15 November, customers may enjoy up to four times higher ADSL speeds.