One year left with NMT
(Fornebu, 19.12.2003) Telenor Mobil's licence for the mobile network system NMT 450 expires on December 31st 2004. The service will be shut down at the same date, but will be in operation until then. The GSM coverage will be further increased. December 16, 2003
Telenor initiates compulsory acquisition of remaining 10 per cent of shares in Utfors AB
(Oslo/Stockholm, 16 December 2003) Telenor has acquired another 150 shares in the Swedish company Utfors AB at a rate of SEK 0,99 per share. Telenor hereafter holds more than 90 per cent of the shares and votes in Utfors. In accordance with Swedish law, Telenor has therefore decided to initiate a compulsory acquisition procedure for the remaining 87,012,723 shares in Utfors, equivalent to just under 10 per cent of total amount of shares, at a rate of SEK 0,99. December 10, 2003
Telenor becomes sole owner of SONOFON in Denmark
(Copenhagen/Oslo, 10th December 2003) Telenor has today signed a definitive agreement with BellSouth to acquire the remaining 46.5% equity interest in SONOFON. Telenor will pay the equivalent of DKK 3,050 million in cash, which is equivalent to an equity value of DKK 6,559 million. As of September 30, 2003, SONOFON had a net debt of DKK 3,474 million. December 8, 2003
Telenor and Inmarsat ownership
(Oslo, 8 December 2003) Telenor is to receive a minimum cash payment of approximately US$ 122 millions from the Inmarsat transaction but retains equity stake in new holding company. December 1, 2003
Telenor finalises sale of Comincom and Combellga in exchange for 19.5 % stake in Golden Telecom, Inc.
MOSCOW, OSLO (December 1, 2003) Telenor announced today that it has closed a share exchange transaction with Golden Telecom, Inc., under which Golden Telecom, Inc. will receive 100% of the shares of OAO Comincom including its wholly-owned subsidiary OAO Combellga, in exchange for 19.5% of Golden Telecom, Inc. November 26, 2003
Telenor ASA €1,500,000,000 Syndicated Revolving Credit Facility
Telenor ASA has successfully closed a €1.5bn syndicated club credit facility. November 25, 2003
New business subscription plan
(Fornebu, 25.11.2003) Today, Telenor Mobil launched the subscription plan Bedrift basis for business users. The subscription is designed for business customers with a low use of mobile services, and it can be combined with other business solutions and discount agreements. November 11, 2003
Telenor's Communication Solutions in Microsoft Office 2003
(Oslo/Fornebu, 12. November 2003) Telenor is the first Telephone operator in the world to launch many of it's most popular communication services as a "plug-in" to Microsoft's new Office 2003. Users of Office 2003 will get direct access to several Telenor services while working on Office 2003 applications. The solution is a result of a strategic cooperation between Telenor and Microsoft. October 30, 2003
Results for the third quarter of 2003
(Oslo/Fornebu, 30 October 2003) Telenor's revenues increased in the third quarter of 2003 compared to the third quarter of 2002. Capital expenditure and debt were once again reduced and the programme for operational efficiency, Delta 4, progressed better in the third quarter than originally expected. Mobile operations (Mobile) showed an overall good growth, and in the Norwegian market there was a positive development in the number of subscriptions compared to the previous quarter. Fixed network operations (Fixed) showed increased margins and in Broadcast an operating loss in the third quarter of 2002 was turned to an operating profit in the third quarter of 2003. October 27, 2003
Presentation of third quarter results
(Oslo, 27 October, 2003) Telenor will present their financial results for the third quarter on Thursday 30 October, 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. October 8, 2003
Settlement with WR Com Enterprises Ltd.
Telenor has made a settlement with WR Com Enterprises Ltd, a Cypriot company. Under the terms of the settlement, Telenor will pay to WR Com Enterprises EUR 33,6 million. October 1, 2003
Telenor Mobil in new European "Mobile Alliance"
(Oslo, October 1, 2003) Nine leading independent mobile operators today announced the formation of the Mobile Alliance to provide seamless, enhanced voice and data solutions for business and consumer customers across Europe. Amena (Spain), O2 (Germany, UK and Ireland), One (Austria), Pannon GSM (Hungary), sunrise (Switzerland), Telenor Mobil (Norway) and Wind (Italy) yesterday signed a formal agreement in Munich, Germany. September 12, 2003
Song Networks, Telenor Mobil Settlement
(Oslo, September 11, 2003) Song Networks AS and Telenor Mobil AS have settled out of court in the case of a market support agreement between Telenor Mobil and Telenor Bedrift. The settlement means that Telenor Mobil will pay Song Networks NOK 8 million as a full and final settlement for the compensation Song has sought for the years 1999 and 2000. September 4, 2003
Telenor's Research Award 2003 goes to Dr. Haakon Bryhni
(Oslo, September 4, 2003) Telenor's Nordic research prize of NOK 250,000 has been awarded to Dr. Haakon Bryhni of Birdstep Technology ASA. He is awarded the prize for his research within the Mobile IP standard and for his contribution to the development of seamless communication across different technologies. Kristin Clemet, the Minister for Education and Research, introduced the winner at a research seminar at Fornebu on Thursday. September 1, 2003
Telenor Mobil increases GSM coverage along the Norwegian coast
(Oslo/Tromsø, September 1, 2003) Telenor Mobil intends to significantly increase the GSM coverage along the Norwegian coast. In many places signals will extend four times as far from land as today. The development will be concluded before the decommissioning of the NMT-450 service on December 31, 2004. August 28, 2003
VimpelCom press releases
Please be adviced of three press relases issued by the Russian mobile company VimpelCom, where Telenor is a share holder. August 22, 2003
Telenor gives free MMS in September and October too
Oslo, August 22nd, 2003: Sending picture messages on a mobile phone (MMS) will be free of charge for Telenor Mobil's customers in September and October too. The MMS use has undergone an explosive growth during the summer and Telenor Mobil want more of their customers to be able to try out the service for some time free of charge. August 20, 2003
Telenor to sell Comincom and Combellga for a 19.5% stake in Golden Telecom
MOSCOW, OSLO (August 20, 2003) Telenor announced today that it has signed a Share Exchange Agreement with Golden Telecom, Inc. under which Golden Telecom, Inc. will receive 100% of the shares of OAO Comincom and its wholly-owned subsidiary, OAO Combellga, in exchange for 19.5% of Golden Telecom Inc., calculated on a post-acquisition basis. The transaction will make Comincom and Combellga wholly owned subsidiaries of Golden Telecom, Inc. Based on the current share price for Golden Telecom, Telenor's stake is equivalent to approximately US$220 million. July 31, 2003
Telenor enters into agreement with Coop Norge AS
(Fornebu, July 31, 2003) Telenor and Coop Norge AS have entered into a framework agreement of a two-year duration. The agreement involves supply of a complete communications solution for fixed telephony, mobile telephony and data communications to Coop Norge AS and its co-operative societies, including Coop's chain of shops. The agreement has a total value of approximately NOK 60 million. July 23, 2003
Results for the second quarter of 2003
(Oslo/Fornebu, 23 July 2003) Telenor's revenues in the second quarter increased by 10 per cent to more than NOK 13.2 billion compared to the corresponding period last year. Operating profit increased from NOK 691 million to NOK 1.612 million as a result of good underlying development. Profit before taxes increased by NOK 2.1 billion to nearly NOK 2.5 billion, which include a gain of NOK 1.5 billion following the sale of shares in the Greek mobile company Cosmote. July 18, 2003
Telenor: Presentation of second quarter results
(Oslo, 18 July, 2003) Telenor will present their financial results for the second quarter on Wednesday 23 July, at 0900 hrs Norwegian time. The presentation will be a joint press and analysts presentation, held in Norwegian in the Auditorium, Telenor Expo Visitor centre at Fornebu. July 16, 2003
Telenor Business Solutions UK sold to 2escape2
(Oslo/Newbury, July 16, 2003) Telenor today announced that it has entered into an agreement to sell Telenor Business Solutions UK to 2escape2 Limited. This transaction concludes Telenor's restructuring of its international Internet operations. July 3, 2003
Statoil launches Wireless Internet at 300 petrol stations
(Oslo, 3 July 2003) Statoil Detaljhandel AS and Telenor today announced the launch of wireless Internet zones at 300 Statoil petrol stations throughout Norway. The deployment is one of Europe's largest Wi-Fi ("wireless fidelity") rollouts and Statoil is the first major gas station chain to offer its customers wireless access. The solution, based on industry-standard WLAN technology (Wireless Local Area Network), allows business and private users to access E-mail and Internet Services from Statoil Petrol Stations all over Norway.
