Telenor purchases remaining 25 per cent of Comincom-Combellga from minority shareholders.
(Oslo/Moscow 24 June 2003)Telenor has acquired the remaining shares held by the minority shareholders of Comincom-Combellga. Telenor paid US$120 million for a 75 per cent stake in Comincom-Combellga in 2000. With the purchase of the 25 per cent minority interest, Telenor assumes 100 per cent ownership of the company. Telenor has acquired the shares, held by private individuals and public organisations, for US$ 30 million. June 23, 2003
Call Opplysningen® 1881 from abroad
(Fornebu, June 23, 2003) As of today, Norwegian mobile subscribers abroad are able to call Opplysningen® 1881 (national directory services) by dialling +47 1881 Subscribers may also call Opplysningen® Utlandet 1882 from abroad on +47 1882. June 16, 2003
Telenor Mobil relaunches djuice® for the youth segment
(Oslo/Fornebu, 16 June 2003) Telenor Mobil today launched a new youth subscription branded djuice®. The two subscriptions, djuice and djuice kontant (prepaid), will replace the current OYO subscriptions. Djuice has, since 2000, been Telenor's WAP and mobile Internet venture, but is now relaunched as a separate youth subscription. May 28, 2003
The Telenor centre at Kokstad in Bergen: Picks up international real estate award
(Fornebu, May 28, 2003) Fending off keen competition from projects from all over the world, Telenor's office building at Kokstad, Bergen ran off with the top honours in the prestigious international real estate award Prix d'Excellence. The award is presented by the international organisation FIABCI. This is the tenth award bestowed on the Telenor Centre at Kokstad.
May 12, 2003
New CEO in Canal Digital
(Fornebu, 12 May 2003) Christian Albech (55) has temporarily been appointed CEO of Canal Digital AS, the biggest television distribution company in the Nordic countries. Mr. Albech is deputy managing director of Telenor Broadcast and he has broad experience of Telenor's television operations. May 8, 2003
Telenor's Annual General Meeting
(Fornebu May 8, 2003) Telenor ASA's Annual General Meeting has today approved the annual report and accounts of Telenor ASA and the Group for 2002, and the Board of Directors' proposed dividend of NOK 0.45 per share. The dividend will be paid out on May 23, 2003 to shareholders registered as holding shares on the date of the Annual General Meeting. As of May 9, 2003, shares in Telenor will be traded exclusive of dividend.
May 7, 2003
Two new members elected to the Board of Telenor ASA
(Fornebu, 7 May 2003) The Corporate Assembly of Telenor has elected two new members to the Board of Telenor ASA. They are Ms. Liselott Kilaas and Mr. John Giverholt. May 7, 2003
Results for the first quarter of 2003
(Fornebu, Norway 7 May 2003) Telenor's revenues increased by nine per cent to NOK 12.6 billion in the first quarter of 2003 compared to the first quarter of 2002. In the same period operating profit increased from NOK 602 million to NOK 1,475 million as a result of good underlying development, and profit before taxes and minority interests increased by more than NOK one billion to NOK 1,047 million. May 6, 2003
Telenor: Reduced SMS prices as of today
(Fornebu, 06.05.2003) Telenor Mobil has recently announced extensive price cuts in June. The SMS prices are however effective already today. Thus, the price of an SMS will start at only NOK 0.69 for Telenor Mobil customers. May 2, 2003
Press conference on 1st quarter results.
(Fornebu, 2 May 2003) Telenor invites to a press conference regarding the publication of the financial results for the 1st quarter 2003. CEO Jon Fredrik Baksaas will present the results. The press conference, which will be held in Norwegian, takes place in the auditorium at Telenor Expo, Visitors' Centre, at Fornebu outside Oslo on Wednesday 7 May at 0900 hrs Norwegian time. April 30, 2003
Telenor has sold nine percent of Cosmote's share capital via an accelerated equity offering for NOK 2.1 bn.
(Oslo April 30th, 2003) Telenor announced today the sale of a 9% shareholding in the leading Greek mobile telecom operator Cosmote raising total proceeds of NOK 2.1bn and representing a financial gain before tax of approximately NOK 1.5bn. April 30, 2003
Reminder: Capital Markets Day
Telenor reminds of its Capital Markets Day 2003. The programme will provide a thorough insight into Telenor's strategies, future development and business areas. April 24, 2003
Telenor: Mobile prices to be cut by NOK 300 million
(Fornebu, 24.04.2003) Telenor Mobil's price structure will be far simpler from June 16 this year. Simultaneously, prices on both calls and text messages will be reduced by a total of approximately NOK 300 million. Text messages will cost from NOK 0.69. April 11, 2003
TEL - Proforma Figures
Telenor has today disclosed the historical proforma figures for the new business structure.
ProformaFigures spreadsheet can be downloaded on attached link: April 4, 2003
MMS free of charge during weekends
(Fornebu, 04.04.2003) In April, Telenor Mobil customers can send multimedia messages (MMS) for free during the weekends. In addition, MMS messages sent from Telenor Mobil's web site are free of charge throughout the entire month. April 4, 2003
Telenor annual report available
(Fornebu 4 April 2003) Telenor has today notified the Oslo Stock Exchange that Telenor's annual report is available in electronic format. The report may be found at http://www.telenor.com/ir/. A printed version will be available after Easter. March 19, 2003
TEL - Consolidated Financial Statements 2002
(Oslo/Fornebu March 19, 2003) The board of directors of Telenor today approved the financial statements for 2002. As announced in the preliminary financial statements for 2002, excess values have been re-allocated for subsidiaries acquired in 2002. Telenor has also decided to write down the remaining book value of the shares in Sponsor Service ASA and reversed the provisions from the settlement with NetCom. The following changes were made compared to the preliminary financial statements decided by the Board of directors on 12. February 2003: March 19, 2003
Telenor sells Nextra Italy
(Oslo, March 19, 2003) Telenor has entered into an agreement to sell Nextra Italy to the Italian quoted company Tiscali. The value of the transaction is €2.4m (19 mill NOK), to be paid in new Tiscali shares. The sale is a result of Telenor's strategy to improve profitability through focus on core activites and markets. March 7, 2003
Out-of-court settlement between Telenor and NetCom
(Oslo/Fornebu, 7 March 2003)The parties have agreed on an out-of-court settlement that involves Telenor paying NOK 35 million, including interest on arrears from January 19, 1997, as a complete settlement of the claim NetCom put forward regarding partial repayment of the rate for leased circuits in the years 1993-1996. March 6, 2003
Mr. Thorleif Enger elected new Telenor Chairman
(Oslo/Fornebu, 6 Dec 2003) The Corporate Assembly of Telenor ASA has elected Mr. Thorleif Enger (59) as new Chairman of the Board. Mr. Enger has been a member of the Board since October 2001.
February 21, 2003
The following notification has been sent the Oslo Stock Exchange:
(Fornebu, 21 February 2003)Telenor ASA has granted share options to 110 managers and
key personnel to subscribe for up to 2,850,000 shares. February 13, 2003
Preliminary result for 2002
(Fornebu, February 13, 2003) Telenor's revenues for 2002 amounted to NOK 48,826 million, which is an increase of NOK 2,786 million from 2001. The result before taxes in 2002 was a loss of NOK 5 billion, mainly due to costs related to write-downs and staff reductions, totalling NOK 7.6 billion. February 12, 2003
Visa available through mobile commerce solution
(Oslo/Fornebu, 2003.02.12) Visa Norge and Telenor Mobil have entered into an agreement concerning mobile commerce. The agreement implies that all Visa cardholders with Telenor Mobil subscription can sign up for the Telenor Mobil m-commerce solution, MobilHandel, using their Visa-card as a means of payment. The co-operation opens up for new possibilities in a new market. February 10, 2003
Telenor: Fourth quarter and year end results
(Oslo, 10 February, 2002) Telenor will present their financial results for the fourth quarter and year end 2002, on Thursday, February 13, at 0900 hrs Norwegian time. The presentation will be a joint press and analysts presentation, held in the Auditorium, Telenor Expo Visitor centre at Fornebu.
February 5, 2003
2002 Sees Virus Slowdown
(Oslo, 5 February 2003) Less then 1,2 per cent of all e-mails sent in Norway in 2002 was infected by virus, which is down almost two per cent from the previous year. 2003 will see the focus shift from virus to unwanted mail ("spam"), according to Telenor. February 5, 2003
Price cuts on mobile data services
(Fornebu/Norway, 05.02.2003) Telenor Mobil has reduced prices on mobile Internet and other packet switched data services with up to fifty per cent. Simultaneously, WLAN prices have been cut with up to seventy percent. January 31, 2003
Telenor sells stake in Russian regional operator to VimpelCom
(Oslo, 31 January 2003) Telenor has sold its 49 per cent share in Russian regional mobile operator, StavTeleSot, to the Telenor Mobiles associated company, VimpelCom for USD 20.9 million. VimpelCom has acquired 90 per cent of StavTeleSot. January 31, 2003
Telenor exits the Nextra operations in Austria and Hungary
(Oslo, 31 January, 2003) Telenor is continuing its strategy for improving profitability with a clearer focus on core markets and activities. As a result Telenor has closed the sale of its Nextra operations in Austria and Hungary through agreements that ensure the continued development of these companies under new ownership. January 22, 2003
Telenor to appeal Greek court ruling
(Fornebu/Athens, 22 Jan 2003) The City court in Athens, Greece has in a verdict ruled in favour of WR Com Enterprises Ltd, a Cyprus company, controlled by Vasillis Sarantitis, against Telenor Mobile Communications AS, a company in the Telenor group. The court has decided that Telenor Mobile Communications AS owe WR Com Enterprises Ltd approximately NOK 444 million plus interest. January 17, 2003
Cheaper business subscription plan from Telenor Mobil
(Fornebu, 17.01.2003) Telenor Mobil will launch the subscription plan Bedrift for business users on January 20th. The subscription offers all services useful for a business customer, and implies between four and 21 percent lower minute fares. As a whole, an average business customer gets a five percent price reduction. January 10, 2003
Telenor regrets PT decision
(Fornebu, January 23, 2003) Telenor Mobil regrets the decision from the Norwegian Post and Telecommunications Authority (PT) regarding the arbitration case between Telenor and Teletopia, which concerns access to connect an own SMS switch to Telenor Mobil's network. This represents a distinctively Norwegian price regulation of SMS-services. Telenor will consider filing a complaint to the Ministry of Communication over the decision.
