Telenor Does Not Support Proposed VimpelCom Acquisition of Weather Investments
As formally communicated to VimpelCom Ltd.’s Chairman yesterday, based on the information available to it and recent developments, Telenor ASA has determined that the proposed acquisition by VimpelCom Ltd. of Weather Investments S.p.A. is not in the best interests of VimpelCom shareholders and therefore does not intend to support the transaction.
Telenor Becomes A Norwegian Red Cross’ Key Partner
Telenor and the Norwegian Red Cross have signed an agreement making Telenor a Red Cross’ key partner for the next three years. The agreement is worth at least NOK 9 million.
Third quarter 2010: strengthened growth, margins and outlook
In the third quarter of 2010, Telenor Group reported revenues of NOK 24.1 billion, representing an organic revenue growth of six per cent. EBITDA before other items was NOK 7.9 billion, EBITDA margin was 33 per cent, and operating cash flow margin was 23 per cent. Telenor’s consolidated mobile operations added seven million subscriptions during the quarter.
Presentation of Telenor’s third quarter results 2010
Telenor will present its financial results for the third quarter 2010 on Wednesday 27 October 2010 at 09:00 hrs Norwegian time/CET. The presentation, which will also be broadcast live over the Internet, will be held in Auditorium A, Telenor Expo Visitor Centre at Fornebu near Oslo. The figures will be published on Telenor’s website at 07:00 CET.
Electing Norway’s nimblest
On Saturday, 23 October Telekiosken, Telenor and Samsung are arranging the qualification round for the Norwegian Championships in SMS messaging at shopping centres all over Norway. The event produced a Norwegian world record-holder last year. Practice makes perfect – in 2009 we sent more than 6.5 billion SMS messages in Norway.
Bundling mobile needs into a single subscription
Telenor is now launching a new mobile bundle aimed at the small business. The new offer bundles, for the first time, a business subscription for mobile voice and mobile broadband services with a mobile phone, into a single product at a fixed price.
Telenor and PayEx to establish Valuecodes
Telenor and PayEx have joined forces and established the company Valuecodes. By combining their knowledge and experience their objective is to take a leading role in the new digital market for coupons, gift vouchers and tickets.
Norway Post signs agreement with Telenor
Telenor has signed a new agreement with Norway Post for the provision of telephony and mobile data services.
Telenor and Norwegian Ski Federation to prolong sponsorship
Telenor and the Norwegian Ski Federation (NSF) today announced that they have prolonged an agreement in which Telenor continues as main sponsor for alpine skiing. Telenor will also continue as main sponsor for Telenor Karusellen, a skiing competition for children
Telenor Culture Prize 2010
The Telenor Culture Prize for 2010 is awarded to the acknowledged Danish-Icelandic artist Olafur Eliasson.