Telenor completes its sell-down in VEON
Telenor ASA today announces that the underwriters have priced its offering of 90 million common shares of VEON Ltd. in the form of common shares and American Depositary Shares (ADSs) at a public offering price of USD 4.15 per ADS/share. The offering results in net proceeds to Telenor of USD 365 million (around NOK 2.9 […]
Telenor to complete the divestment of its interests in VEON
Telenor ASA today announced that it has commenced an offering of 90 million of its common shares in VEON Ltd. in the form of common shares listed on Euronext Amsterdam and American Depository Shares (ADSs) listed on NASDAQ under the ticker “VEON”. Each ADS represents one VEON common share. Telenor currently owns approximately 346.7 million […]
Cecilie B. Heuch appointed EVP and Chief People Officer of Telenor Group
Telenor Group today announced that Cecilie B. Heuch has been appointed Executive Vice President and Chief People Officer, effective 1st December 2017. Heuch succeeds Jon Erik Haug who will stay in his current role until Heuch joins Telenor. He will then seek new opportunities.
Telenor reports strong results and solid cash flow in second quarter 2017
“We deliver a strong set of results for the second quarter with improved revenue growth, double-digit EBITDA uplift and strong cash flow generation. Both the EBITDA and the EBITDA margin are all-time high this quarter. We were able to reduce our costs by NOK 0.6 billion and we saw margin expansion in all our business units. The robustness of our Norwegian operation, the strong revenue growth in Bangladesh and the return to growth in Thailand were amongst the highlights for the quarter.
Telenor Group survey: Asia’s millennials point to artificial intelligence as possible gateway to achieving peace
New digital survey reveals surprising attitudes among Asian youth, including views on how best to empower youth leaders and the role of technology in supporting social causes and promoting Peace. Telenor Group today released the findings of its regional online survey that assessed the attitudes of Asia’s millennials towards technology and social impact, as well […]
Telenor’s Thai subsidiary dtac selected preferred partner on TOT’s 2300 MHz spectrum
Thailand’s state enterprise TOT has today announced that Telenor’s Thai subsidiary dtac has been selected as the preferred partner for 4G services on TOT’s 2300 MHz spectrum.
Telenor monetizes its online classifieds investment in Latam – strengthens ownership in AsiaProducts and Services
Telenor ASA has on 11 May 2017 entered into an agreement with Schibsted ASA regarding its joint ventures within online classifieds, whereby Telenor exits the Latin American joint venture (SnT) and acquires Schibsted’s stake in the joint ventures in Malaysia, Vietnam, and Myanmar (701 Search). Net proceeds to Telenor from the transaction with Schibsted will be USD 406 million (approx. NOK 3.4 billion).
New members of the Board of Directors of Telenor ASA
The Corporate Assembly has elected Grethe Viksaas and Jørgen Kildahl as new members of the Board of Directors of Telenor ASA. The new directors will succeed Siri Beate Hatlen, Ashok Vaswani, Regi Aalstad and Dag Opedal, who has been relieved of their duties.
Are you the next delegate for the Telenor Youth Forum 2017?Innovation
Calling all social-minded, tech savvy millennials! We are now recruiting for the fifth Telenor Youth Forum, a year-long program which takes participants to Oslo and Bangkok, and which will challenge what you know and how you make an impact on the world. Selected applicants will also attend 2017 Nobel Peace Prize festivities in Oslo.
Michael Foley appointed CEO of Grameenphone
The Grameenphone Board of Directors has appointed Mr. Michael Foley as the company’s Chief Executive Officer (CEO), effective from 26 May, 2017.