Notification sent the Oslo Stock Ecxhange: New CEO takes up position 21 June
(Oslo, 21 June 2002) The new CEO of Telenor, Mr. Jon Fredrik Baksaas, takes up position as CEO on June 21 this year, from after business hours. Baksaas replaces Mr. Tormod Hermansen. June 18, 2002
New member on the Telenor Board
(Oslo, 18 June 2002) The Corporate Assembly of Telenor has elected Hanne de Mora (42) as new shareholder-elected member of the Board of Telenor ASA. Deputy Chairman Åshild Bendiktsen is re-elected as shareholder-elected member, both for a period of one year. Bente Neegård Halvorsen leaves the Board. June 14, 2002
Canal+ Group and Telenor settle their dispute
(Oslo/Paris, 14 June 2002) Canal+ Group and Telenor sign a definitive agreement to complete the sale of the 50% stake held by Canal+ Group in Canal Digital to Telenor.The agreements signed in July 2001 also provides for the exclusive distribution of Canal+ Group channels in Northern Europe. June 13, 2002
Change of CEO in Pannon GSM in September
(Budapest and Oslo, 13 June 2002) Mr. Klaus Holgaard Rasmussen (47) will replace Mr. Bjørn Johan Flakstad as CEO of Pannon GSM in Hungary on the 1st of September this year. After more than eight years of international service for Telenor, most of the time in Hungary, Bjørn Johan Flakstad will return to Norway to contribute with his international managerial experience in the further development of Telenor Mobile. Pannon GSM is 100 per cent owned by Telenor and is an important part of Telenor’s international portfolio. May 29, 2002
DiGi.com in Malysia not to bid for UMTS license
The following notification has been sent the Oslo Stock Exchange: May 27, 2002
Skåne chooses Telenor
(Oslo May 27 2002) Telenor Business Solutions in Sweden and Kommunförbundet (Swedish Association of Local Authorities) in the Swedish county Skåne, have entered into a telephony agreement that includes 28 out of a total of 33 municipalities in the county. The agreement is worth SEK 150 million over a period of three years and provides the municipalities with a complete solution for fixed telephony and mobile services. May 8, 2002
Telenor's Annual General Meeting
(Oslo, April 8, 2002) The Annual General Meeting of Telenor has today given its approval to the board of directors' proposed dividend of NOK 0.35 per share. The dividend will be paid to shareholders on May 29, 2002. From May 10 the Telenor share will be traded exclusive of dividend. April 30, 2002
Telenor first-quarter results: Growth and higher margins
(Oslo, April 30, 2002) Telenor's revenues excluding gains increased by NOK 1.821 billion or 19 per cent in the first quarter compared to the same period last year. Operating profit before depreciation, amortization and write-downs (EBITDA) increased by 27.6 per cent to NOK 2.926 billion, excluding gains and losses, during the period.
April 29, 2002
Presentation of Telenor's quartely result
(Oslo, April 29, 2002) Telenor extends an invitation to a presentation of the company's first quarter results for 2002.
April 26, 2002
Jon Fredrik Baksaas the new CEO of Telenor
(Oslo, April 26, 2002) The board of Telenor ASA has appointed Mr. Jon Fredrik Baksaas as the new CEO of Telenor. April 25, 2002
Oracle names Telenor Business Solutions hosting service provider of the year
(Oslo, 25 April 2002) Oracle has awarded Telenor Business Solutions as "The hosting service provider of the year for Europe, the Middle East and Africa (EMEA). This decision was announced at Oracle's Executive Partner Forum in Cannes on Tuesday. April 25, 2002
Merkantildata and Telenor Mobil enter into strategic agreement
(Oslo, April 25, 2002) Merkantildata ASA and Telenor Mobil AS have signed an agreement to cooperate on marketing- and the development of new solutions for the mobile market. The prime objective is to develop new solutions with wireless and mobile computer tools for the companies' joint customers in the business segment. April 24, 2002
- No basis for further financing of Itworks
(Oslo, 24 April 2002) "Despite thorough assessments, Telenor has concluded that there no longer exists basis for further financing of the company Itworks. None of the solutions discussed have been found to be economically feasible," says vice president and member of the corporate management of Telenor ASA, Mr. Bjørn Formo, in connection with the decision to wind-up the company. The Telenor Group has loans and other claims in Itworks of more than 110 million NOK. This is considered lost as a result of the wind-up petition. April 22, 2002
Telenor Mobil and Eterra sign WLAN agreement
(Oslo, April 22nd, 2002) Telenor Mobil AS and Eterra ASA have entered into a framework agreement for supplying wireless Internet zones, also called WLAN (Wireless Local Area Network). Under the agreement Eterra will engineer the technical system integration. The aim of the agreement is to assure that users wishing to transmit data across the wireless Internet via WLAN can move freely over to Telenor Mobil's regular GSM/GPRS network without losing the Internet connection. April 17, 2002
Orkla and Carlsberg Breweries Picks Telenor for Voice Services
(Oslo, 17 April 2002) Telenor today announced that Norwegian branded consumer goods giant Orkla and Danish Carlsberg Breweries have chosen Telenor Business Solutions to deliver fixed and mobile voice services. The three-year contracts, worth an estimated 300 million NOK, comprises approximately 30.000 users in 163 companies across Scandinavia and are probably the most extensive Scandinavia-wide telecom deals ever. Telenor will serve all Orkla companies and Carlsberg Breweries with fixed and mobile telephony subscriptions and traffic. April 9, 2002
Telenor, Cisco, Accenture, Birdstep Launch Wireless Corporate Solution with Net-Centric Access Control
First Fully Secure Corporate WLAN Solution With Guest Access. March 22, 2002
Telenor's annual report available on the Internet
Telenor's annual report for 2001 has now been made available on the Internet. March 20, 2002
VimpelCom annual result for 2001
The Russian mobile company VimpelCom, in which Telenor has a 29 per cent stake, presented its annual result for 2001 today. Press here for for a full English version of the press release. March 19, 2002
Telenor launches Marlink - to provide global mobile satellite communication services for the maritime sector
Telenor Satellite Services announced today that it has formed a new company, Marlink, to provide a wide range of mobile satellite communication services, mainly for customers in the maritime sector.
March 19, 2002
Djuice and The Walt Disney Internet Group enter into a wireless content distribution agreement
Djuice, Telenor Mobile's mobile Internet service provider, and Walt Disney Internet Group (WDIG) have signed a distribution agreement that will bring Disney-branded content to Scandinavian mobile users for the first time. Disney Mobile content, including logos, ringtones, wallpaper screens, electronic greeting cards and games, based on Disney's line-up of popular characters, will be available to djuice mobile users in Norway, Sweden, Denmark and Finland. Djuice will launch the Disney offering this spring. March 13, 2002
Telenor enter into agreements in Malaysia
Telenor's Malaysian subsidiary, DiGi.Com Bhd (DiGi) today announced its entry into three joint venture agreements with Technology Resources Industries Berhad (TRI), owner of Celcom, the second largest mobile operator in the country.
March 12, 2002
First SMS, now MMS: Multimedia mobile services
Telenor Mobil is the first mobile operator in Norway to launch the next generation's mobile messaging services: MMS. Thus, the time and technology is ripe for a combination of text, drawings, photographs, sound and short animations to feature on your mobile display. In a trial period until May 1st, it is free to send MMS, while the ordinary price will be NOK ten per message sent from a mobile phone.
February 21, 2002
Telenor to introduce share option programme
(Oslo, February 21, 2002) Telenor ASA (TEL) has decided to introduce a share option programme and has today assigned options to 85 managers and key personnel, extending the right to subscribe for up to 2.520.000 Telenor shares. The option programme partly replaces existing bonus and incentive schemes for managers and key personnel.
February 15, 2002
Telenor to increase prices on first-time connections, transferred connections and subscription
Telenor raises prices on first-time connections, transferred connections and subscription on both analogue lines (PSTN) and digital lines (ISDN), effective from May 1, 2002. After three years without raising prices, the income from subscription and connections is not sufficient to cover the costs. This is the background for the present increase.
February 14, 2002
Record profits for Telenor
Telenor's preliminary profits before taxes for the year 2001 amounts to NOK 10.3 billion, which is the best result in Telenor's history. Profits before taxes are NOK 8.3 billion higher than in 2000. The record result is primarily due to capital gains and increased revenue from both mobile and fixed-network operations.
February 11, 2002
Presentation of Telenor's preliminary result for 2001
Telenor extends an invitation to a presentation of the company's fourth quarter results and preliminary results for 2001.
February 7, 2002
Pannon GSM in Hungary now has two milion subscribers
Telenor's Hungarian mobile company, Pannon GSM, has today published the following press release: February 6, 2002
Telenor licenses patents for video over Internet and UMTS
As a result of research, Telenor has developed technology for effectively transferring video over different networks, such as the Internet and UMTS. This is a part of the multimedia standard MPEG-4. Together with a number of other global leaders in the field, Telenor has established a major international licence programme for commercialising video coding patents in this standard. The licence programme makes the technology available for suppliers who develop products based on the standard. This will enable a breakthrough in the market for video on demand.
February 6, 2002
The following notification has been sent the Oslo Stock Exchange:
DiGi.Com (Malaysia) has today released their financial statement for the eight-month period ended December 31, 2001. February 5, 2002
Telenor to run Danish governmental IT-systems from Norway
The Danish Agency for Governmental Management, a part of the Danish Ministry of Finance, has entered into an agreement with Telenor Business Solutions whereby the Norwegian business communications provider will be the pre-qualified vendor for the delivery of ASP-services to 350 public institutions in Denmark. February 4, 2002
The following notioficaton has been sent the Oslo Stock Exchange:
Telenor's acquisition of Pannon GSM successfully completed.
(Budapest/Oslo February 4, 2002) Telenor, through its mobile arm Telenor Mobile (TM), has completed the acquisition of 74.22 per cent of the shares in Pannon GSM Rt. (Pannon GSM) from the Dutch telecommunications company KPN, Finland's Sonera, and Denmark's Tele Danmark Communications (TDC). This acquisition has brought Telenor's holding in Pannon GSM from 25.78 per cent to 100 per cent. January 30, 2002
Internationally acclaimed Norwegian author wins Telenor culture award
(Oslo, January 30, 2001) Ingvar Ambjørsen has won Telenor's seventh annual 'Borderless Communication' culture award of NOK 100,000 for his groundbreaking works that have reached different generations, cultures and languages. January 29, 2002
Send SMS from Outlook
All Telenor Mobil's subscribers can now send text messages from their PCs via Outlook. The service is linked to the customer's mobile subscription so that the sender's mobile number will feature with the message. Should the receiver wish to reply, this message will automatically be sent back to the mobile.
January 28, 2002
Telenor accepts fine from Norwegian authorities
(Oslo, 28 January 2002) Telenor has decided to accept a fine of NOK two million imposed by Økokrim - the Norwegian authority for economic and environmental crime - on December 13 last year, as well as the seizure of NOK eight million, following alleged violations of telecom legislation. Telenor continues to deny that it has committed any violations but has decided to accept the fine nonetheless. January 25, 2002
Tormod Hermansen steps down as CEO of Telenor
(Oslo, January 25, 2002) Tormod Hermansen, CEO of Telenor, has informed the Telenor board that he wishes to withdraw from his position by the end of June 2002. This is in accordance with the terms in his contract of employment. The board has complied with his wish, and intends to find a successor well before Tormod Hermansen's withdrawal. January 15, 2002
The following notice has been sent to the Oslo Stock Exchange
New reporting structure
From Q4 2001 Telenor will have a new reporting structure. The historical figures embedded in the new reporting structure are now available at the following address: http://www.telenor.com/ir/new_structure_jan152002.xls
Telenor will report the preliminary results for 2001 on February 14th 2002. January 14, 2002
Telenor completes acquisition of Comsat Mobile Communications from Lockheed Martin
OSLO, Norway/BETHESDA, Maryland, USA (January 14, 2002) Telenor of Norway (NASDAQ:TELN; OSE:TEL) and Lockheed Martin (NYSE:LMT) today announced that Telenor has completed the acquisition of LMT's COMSAT Mobile Communications operations . The final purchase price is subject to adjustments in accordance with the asset purchase agreement. January 11, 2002
Court rejects Canal+'s claims against Telenor
(Oslo, January 11, 2002) The Oslo Court of Execution and Enforcement ruled in favour of Telenor and rejected all of Canal+'s demands for a temporary injunction in the Canal Digital transaction dispute. "The verdict is an accordance with what we have claimed all along", said Erik Nord, Vice President of Telenor Plus. January 10, 2002
Telenor to reduce workforce and rationalise Directory Enquiries and Customer Services
(Oslo, January 10, 2002) As a result of a reduced demand for manual customer services, Telenor has decided to reduce manpower levels and rationalise Customer Services and Directory Enquiries in Norway. The aim is to maintain good quality and effective customer services adapted to the needs of the market. Part of this work will involve reducing the manpower levels in Customer Services and Directory Enquiries by a total of almost 420 man-years. This means annual cost reductions of approximately NOK 130 million. January 3, 2002
Telenor dismisses all claims by Canal +
(Oslo, 3 January 2002) In the Oslo Court of Execution and Enforcement on Thursday, Telenor dismissed all claims made by Canal+ in its action for a temporary injunction in connection with the sale of Canal Digital. Telenor's main argument is that the terms and conditions of the sales agreement will not have been met until the EU Commission grants approval of the distribution agreement between Canal+ and Canal Digital. Moreover, it is Telenor's view that the Court of Execution and Enforcement cannot grant a temporary injunction because the case concerns a financial claim.
