Statement from the Board of Directors meeting in Telenor ASA
The Telenor Board of Directors has had several complex issues for discussion during the past months related to themes like strategy, governance and compliance. There have been differing viewpoints in the Board on some topics. The Board has unanimously concluded on the following points:
Regarding compliance cases handled by Telenor Group ASA and its subsidiaries
During the past days, media has approached Telenor ASA with questions regarding cases uncovered by Group Internal Audit, currently being handled internally or under investigation by local government. In this release, Telenor ASA accounts for these cases. Two of the three cases were commented on by Telenor in April, this year.
Telenor publishes Global Impact Report
Telenor has today published its Global Impact Report, quantifying the company’s socioeconomic impact. The report was compiled by KPMG, and shows that Telenor contributed an estimated USD 20.3 billion towards economic growth (measured in terms of Gross Value Added ) across its 13 markets in 2015.
Telenor launches mobile wallet Valyou in Malaysia
Telenor today announced the launch of Valyou, a mobile financial services provider offering affordable and convenient mobile money solutions in Malaysia through a handy mobile wallet app.
Telenor reports third quarter results
“The third quarter showed good performance, with continued revenue growth and an all-time high EBITDA, supported by a strengthened cost focus across the Group. A key highlight this quarter is the encouraging sign of data monetisation in Bangladesh and Pakistan. While Norway was impacted by lower roaming revenues, we experienced solid uptake on our new mobile tariffs. High-speed broadband in Norway and Sweden performed well during the quarter.
Digital Winners Asia to help promising Asian startups expand into new markets
Yangon provides fitting backdrop to the pioneering spirit of scaling across borders.
Petter-B. Furberg appointed CEO of Grameenphone
The Grameenphone Board of Directors has appointed Mr. Petter-B. Furberg (49) as the company’s interim Chief Executive Officer (CEO), effective from 1 November 2016. In his new role, Furberg will also serve as member of Telenor Group’s Executive Management.
Telenor Group challenges 26 millennials to tackle global problems with technology
• Twenty-six delegates to take part in global Telenor Youth Forum program, in partnership with the Nobel Peace Center
• Top candidates selected from footprint of more than one billion people in largest-ever global recruitment program by Telenor Group
• Delegates to spend one year developing solutions that target global, social challenges
Telenor announces pricing of its offering of VimpelCom ADSs
Telenor ASA today announces that the underwriters have priced its offering of 142,500,000 VimpelCom Ltd. American Depositary Shares (ADSs) in the United States at a public offering price of USD 3.50 per ADS, resulting in net proceeds to Telenor of USD 486,281,250.
Telenor commences sale of a portion of its stake in VimpelCom Ltd.
Telenor ASA today announced that it has commenced a public offering in the United States of 142,500,000 of its VimpelCom Ltd. American Depository Shares (ADSs).