Telenor's acquisition of Vodafone Sweden approved by competition authorities
(Fornebu, 22 December 2005): EU competition authorities have approved Telenor's acquisition of Vodafone Sweden. Now that EU approval has been secured, Telenor will take over the company on 5 January 2006. December 22, 2005
Victory for Telenor in Sonofon tax case
(Fornebu, 22 December 2005) In its decision of 21 December 2005 the Appeal Court (Borgarting Lagmannsrett) ruled in favour of Telenor in respect of Telenor's intragroup sale of its shares in Sonofon Holding A/S. This sale triggered a tax loss of approx. NOK 8.6 billion, with corresponding reduced tax charges of approximately NOK 2.4 billion for the fiscal year 2001. Thus, the Appeal Court upheld the decision by Oslo District Court (Oslo Tingrett) from June 2004. Telenor does not know whether the tax authorities will appeal this decision. An appeal must be filed within one month. December 19, 2005
SONOFON buys UMTS license
(Fornebu, 19 December 2005) SONOFON has been awarded the fourth Danish UMTS-license by The Danish National IT and Telecom Agency at a price of DKK 533 million. SONOFON plans to launch its first 3G services in 2006. Telenor has already 3G services in Norway, Sweden and Hungary and SONOFON will benefit from Telenor's experience in the roll-out of the Danish 3G network. December 14, 2005
Johan Lindgren new CEO of Vodafone Sweden
(Fornebu, 14 December 2005) The Deputy CEO and CFO of Bredbandsbolaget has been nominated for the position as new CEO of Vodafone Sweden, as Telenor creates Nordic platform. December 13, 2005
Telenor into the Swedish fuse box
(Fornebu, 13 December 2005) E.ON, Sweden's largest energy supplier, chooses Telenor Cinclus to supply new meter reading technology in the largest agreement of its kind in Sweden, worth approximately SEK 350 million. December 2, 2005
Watch the Winter Olympics on your mobile
(Fornebu, 1 December 2005): Watch live transmissions, highlights, and recaps from next year's Winter Olympics in Torino directly on your mobile phone - free of charge! This has now been made possible through an exclusive mobile TV collaboration between Telenor and NRK. December 2, 2005
Garrett Johnston leaves Telenor
(Fornebu 2 December 2005) Former Chief Marketing Officer of Ukrainian mobile company Kyivstar, Garrett Johnston has decided to leave the Telenor Group in order to pursue other business opportunities. November 30, 2005
Wireless Zones from Telenor - now available to all mobile subscribers
(Fornebu, 30 November 2005) Telenor is making more than 400 wireless WLAN zones available to all mobile subscribers. November 22, 2005
Telenor to upgrade its Online ADSL offering: higher speeds, lower rates and a new Mini subscription
(Fornebu, 22 November 2005) Telenor is upgrading its broadband offering to Norwegian consumers, increasing the speeds of all ADSL products. At the same time, Telenor also introduces a Mini subscription plan for people who are holding out for lower rates. November 15, 2005
Telenor to offer up to four times higher ADSL speeds in the business market
(Fornebu, 15 November 2005): Telenor again undertakes a significant broadband upgrade for its business customers. As of 15 November, customers may enjoy up to four times higher ADSL speeds. November 14, 2005
Telenor Commences Arbitration against Alfa under VimpelCom Shareholders' Agreement
(Fornebu, 14 Nov 2005) In response to breaches by Alfa of the provisions of the VimpelCom Shareholders Agreement that relate to the nomination of candidates for election to the Board of Directors of VimpelCom, Telenor has today commenced an arbitration proceeding against Alfa's affiliates, Eco Telecom Limited, Eco Holdings Limited and CTF Holdings Limited. November 14, 2005
GrameenPhone crosses 5 million subscriber mark
(Fornebu, 14.11.2005) GrameenPhone Ltd., the largest telecommunications service provider in Bangladesh, where Telenor has a 62 per cent owner share, has crossed the 5 million subscriber mark milestone. November 11, 2005
Telenor still opposed to URS WellCom acquisition
Telenor regrets the announcement made by VimpelCom today that the management of VimpelCom has consummated the purchase of Ukrainian Radio Systems (URS WellCom) for an aggregate purchase price of USD 231 million. October 31, 2005
Telenor acquires Vodafone Sweden
(Telenor, 31 October 2005) Telenor has entered into an agreement with Vodafone Group for the acquisition of its subsidiary Vodafone Sweden for a consideration equivalent to EUR 1,035 million (enterprise value). "The acquisition of Vodafone Sweden is in line with Telenor's growth strategy and will enhance our position in the Scandinavian mobile market," said Morten Karlsen Sørby, Executive Vice President Telenor. October 27, 2005
Telenor third quarter 2005 - significant growth
(Fornebu, 27 October 2005) Compared to the third quarter of 2004, Telenor's revenues in the third quarter of 2005 increased by 13 per cent, reaching NOK 17.6 billion. Profit before taxes and minority interests increased by 27 per cent compared to the third quarter of 2004, reaching NOK 3,785 million. In the third quarter of 2005, net income per share was NOK 1.30. October 24, 2005
Presentation of Telenor's third quarter results 2005
(Fornebu, 24 October 2005) Telenor will present its financial results for the third quarter 2005 on Thursday 27 October 2005 at 09:00 hrs Norwegian time/CET. The presentation, which will also be broadcast live over the Internet, will be held in Auditorium A, Telenor Expo Visitor Centre at Fornebu near Oslo. The figures will be published on Telenor's website at 08:00 CET. October 22, 2005
Anne Marit Jacobsen wins Telenor Culture Award
(Fornebu, 22 October 2005) Actress Anne Marit Jacobsen has won Telenor's "Borderless Communication" Culture Award for 2005. The award consists of a sum of NOK 250,000, and has been presented to Jacobsen in recognition of her capacity for drawing upon the full range of her art, from the tears of the clown to laughter, poetry and high drama. October 20, 2005
Telenor enhances role in Thai operator through investment in Thai Telco Holdings with Bencharongkul family
(Bangkok, 20 October 2005) Telenor's Singapore subsidiary takes a 49 per cent stake in Thai Telco Holdings in a strategic realignment with Bencharongkul family. Telenor Asia thereby achieves enhanced operational role in mobile operator DTAC through its mother company UCOM. October 19, 2005
Telenor's Research Award 2005 to Professor Ramjee Prasad
(Oslo, 19 October 2005) Telenor's Nordic research prize of NOK 250,000 has been awarded to Professor Ramjee Prasad at the University of Aalborg. He is awarded the prize for his impressive merits within the field of wireless and personal communications. Jon Fredrik Baksaas, CEO Telenor, introduced the winner at the Technoport conference in Trondheim 19 October. October 19, 2005
Telenor introduces fixed rates for mobile data services and reduces mobile voice rates in the business market
(Fornebu, 19 October 2005): Effective from 1 November, Telenor introduces fixed and maximum rates for mobile data services based on GPRS, EDGE, UMTS and WLAN. Customers with Telenor's Business subscription plans will also see a NOK 0,10 per minute reduction in their mobile rates. For Telenor's business customers this involves a 15 per cent price reduction, which amounts to a total annual cost reduction of approximately NOK 100 million. September 27, 2005
GSM Association selects Motorola to supply affordable and robust handsets for developing countries
(Singapore, September 27, 2005) The mobile industry has driven the wholesale cost of mobile phones to below US$ 30 as part of the GSM Association (GSMA) programme to make mobile telephony affordable for people in developing countries. This marks the second phase of the programme to "connect the unconnected" and GSMA expects to order six million of these low-cost handsets from Motorola. September 26, 2005
Canal Digital ensures continued TV2 distribution
(Fornebu, 26 September 2005) Canal Digital Norge has signed a contract with TV2 for exclusive satellite distribution rights for the TV-channel for another two years. Canal Digital submitted the highest bid in a tender competition. September 22, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu September 22, 2005) Telenor ASA has on September 21, 2005 purchased 300,000 own shares at an average price of NOK 59.22 per share. After this transaction, Telenor ASA owns a total of 13,379,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. September 21, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu September 21, 2005) Telenor ASA has on September 20, 2005 purchased 300,000 own shares at an average price of NOK 58.64 per share. After this transaction, Telenor ASA owns a total of 13,079,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. September 20, 2005
Telenor contracts with Orbital to build THOR II-R commercial communications satellite
(Oslo, Norway and Dulles, Virginia 20 September 2005) - Telenor ASA (OBX: Tel, Nasdaq: TELN) and Orbital Sciences Corporation (NYSE: ORB) announced Tuesday that they have signed a contract for delivery of a new geosynchronous (GEO) communications satellite. The spacecraft, to be called THOR II-R, will be based on Orbital's industry-leading STARTM satellite platform. The new order calls for a 26-month in-orbit delivery schedule. The contract provides replacement satellite for THOR II, which will be retired from service in 2008. Telenor Satellite Broadcasting, a division of Telenor Broadcast Holding AS, based in Oslo, Norway will own and operate the satellite. Orbital will be responsible for manufacturing and testing the satellite, and procuring the dedicated launch service. Telenor has directed Orbital to negotiate with ILS for a Proton launch. September 19, 2005
Telenor and Save the Children in new partnership
Fornebu, 19 September 2005) Telenor and Save the Children have entered into a three-year partnership agreement. The purpose of the agreement is to prevent abuse of children over the Internet, and to make the Internet and mobile phones safe for children and young users.
September 15, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu September 15, 2005) Telenor ASA has on September 14, 2005 purchased 300,000 own shares at an average price of NOK 57.12 per share. After this transaction, Telenor ASA owns a total of 12,779,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. September 12, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu September 12, 2005) Telenor ASA has on September 9, 2005 purchased 280,000 own shares at an average price of NOK 58.08 per share. After this transaction, Telenor ASA owns a total of 12,479,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. September 9, 2005
New mobile subscription plan from djuice: djuice allstar - web based mobile subscription
(Fornebu, 08.09.2005) djuice today announced the launch of a new, web based mobile subscription plan, djuice allstar, with a low monthly fee, low calling rates and cheap text and picture messages. The subscription comes without any mandatory contract periods, and is managed through the djuice website. September 9, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu September 9, 2005) Telenor ASA has on September 8, 2005 purchased 280,000 own shares at an average price of NOK 57.83 per share. After this transaction, Telenor ASA owns a total of 12,199,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. September 8, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu September 8, 2005) Telenor ASA has on September 7, 2005 purchased 300,000 own shares at an average price of NOK 58.01 per share. After this transaction, Telenor ASA owns a total of 11,919,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. September 7, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu September 7, 2005) Telenor ASA has on September 6, 2005 purchased 300,000 own shares at an average price of NOK 58.42 per share. After this transaction, Telenor ASA owns a total of 11,619,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. September 6, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu September 6, 2005) Telenor ASA has on September 5, 2005 purchased 220,000 own shares at an average price of NOK 57.80 per share. After this transaction, Telenor ASA owns a total of 11,319,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. September 2, 2005
Trond Westlie new Executive Vice President and CFO of Telenor ASA
Trond Ø. Westlie (44) has been appointed Executive Vice President and Chief Financial Officer (CFO) of Telenor ASA. He will take up the position on 15 September, taking over from Torstein Moland. Moland has decided to step down in connection with his upcoming 60th birthday. September 1, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu September 1, 2005) Telenor ASA has on August 31, 2005 purchased 300,000 own shares at an average price of NOK 58.53 per share. After this transaction, Telenor ASA owns a total of 11,099,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 31, 2005
Telenor and BBC World Service enter agreement for digital broadcasting
(Fornebu, 31 August 2005) Telenor-owned Norkring has entered into an agreement with the BBC World Service for digital broadcasting over short wave, DRM. As part of the agreement, the BBC will be among the first in the world to broadcast over DRM. August 31, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 31, 2005) Telenor ASA has on August 30, 2005 purchased 300,000 own shares at an average price of NOK 58.57 per share. After this transaction, Telenor ASA owns a total of 10,799,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 30, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 30, 2005) Telenor ASA has on August 29, 2005 purchased 125,000 own shares at an average price of NOK 57.71 per share. After this transaction, Telenor ASA owns a total of 10,499,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 29, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 29, 2005) Telenor ASA has on August 26, 2005 purchased 300,000 own shares at an average price of NOK 58.36 per share. After this transaction, Telenor ASA owns a total of 10,374,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 26, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 26, 2005) Telenor ASA has on August 25, 2005 purchased 300,000 own shares at an average price of NOK 58.17 per share. After this transaction, Telenor ASA owns a total of 10,074,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005.
August 25, 2005
Digital TV partnership
(Oslo, 25 August 2005) NRK, TV 2 Gruppen AS and Telenor Broadcast have entered into a partnership agreement to consider applying for a licence for a digital terrestrial network in Norway. If the partners agree to apply, such application will be submitted by Norges televisjon (NTV), in which the three partners will hold equal ownership shares. August 25, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 25, 2005) Telenor ASA has on August 24, 2005 purchased 300,000 own shares at an average price of NOK 58.40 per share. After this transaction, Telenor ASA owns a total of 9,774,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 24, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 24, 2005) Telenor ASA has on August 23, 2005 purchased 300,000 own shares at an average price of NOK 57.55 per share. After this transaction, Telenor ASA owns a total of 9,474,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 23, 2005
Telenor increases SHDSL speeds for businesses
(Fornebu, 23 August 2005): Telenor is now introducing two new speeds for SHDSL, the broadband that offers equal speeds for up and downloading of data. Business customers will now be offered access to SHDSL with 4 or 8 Mbit/s speeds. August 19, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 19, 2005) Telenor ASA has on August 18, 2005 purchased 450,000 own shares at an average price of NOK 56.16 per share. After this transaction, Telenor ASA owns a total of 9,174,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 18, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 18, 2005) Telenor ASA has on August 17, 2005 purchased 260,000 own shares at an average price of NOK 55.78 per share. After this transaction, Telenor ASA owns a total of 8,724,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 17, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 17, 2005) Telenor ASA has on August 16, 2005 purchased 465,000 own shares at an average price of NOK 56.07 per share. After this transaction, Telenor ASA owns a total of 8,464,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 15, 2005
VimpelCom EGM re-scheduled due to lack of quorum
(Fornebu, 15 Aug 2005) Representatives from Alfa Group decided not to register their votes at today's Extraordinary General Meeting of shareholders (EGM) of Russian mobile company VimpelCom. The meeting was initially called by Eco Telecom, a subsidiary of Alfa Group, as part of an effort to obtain the approval of the proposed acquisition of Ukranian Radiosystems, a Ukrainian mobile operator tradenamed WellCom. August 15, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 15, 2005) Telenor ASA has on August 12, 2005 purchased 400,000 own shares at an average price of NOK 55.75 per share. After this transaction, Telenor ASA owns a total of 7,999,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 12, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 12, 2005) Telenor ASA has on August 11, 2005 purchased 220,000 own shares at an average price of NOK 55.46 per share. After this transaction, Telenor ASA owns a total of 7,599,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 10, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 10, 2005) Telenor ASA has on August 9, 2005 purchased 300,000 own shares at an average price of NOK 54.94 per share. After this transaction, Telenor ASA owns a total of 7,379,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 10, 2005
Henrik Clausen new CEO of SONOFON
(Fornebu, 10 August 2005) Henrik Clausen (42), currently managing director of Cybercity, will take up the position as new CEO of SONOFON. He will also continue as managing director of Cybercity, making him head of all of Telenor's joint telecommunications activities in Denmark. At the same time, Clausen also joins the Nordic management team of Telenor. Henrik Clausen will take up his new responsibilities on 15 August. August 9, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 9, 2005) Telenor ASA has on August 8, 2005 purchased 300,000 own shares at an average price of NOK 54.82 per share. After this transaction, Telenor ASA owns a total of 7,079,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 8, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 8, 2005) Telenor ASA has on August 5, 2005 purchased 300,000 own shares at an average price of NOK 55.13 per share. After this transaction, Telenor ASA owns a total of 6,779,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. August 5, 2005
Notification to the Oslo Stock Exchange re purchase of own shares
(Fornebu August 5, 2005) Telenor ASA has on August 4, 2005 purchased 230,000 own shares at an average price of NOK 55.62 per share. After this transaction, Telenor ASA owns a total of 6,479,665 shares. The transaction is part of a buyback authorisation approved by Telenor's Annual General Meeting on May 20, 2005. July 22, 2005
Results for the second quarter 2005 - still significant growth
(Fornebu, 22 July 2005) In the second quarter of 2005, Telenor's revenues increased by 9 per cent compared to the second quarter of 2004, reaching NOK 16.5 billion. Profit before taxes and minority interests increased by 11 per cent compared to the second quarter of 2004, reaching NOK 3,325 million. "In the second quarter we have seen significant revenue growth and record-high growth in the number of mobile subscriptions," said CEO Jon Fredrik Baksaas. July 20, 2005
Presentation of Telenor's second quarter results 2005
(Fornebu, 20 July 2005) Telenor will present its financial results for the second quarter 2005 on Friday 22 July 2005 at 09:00 hrs Norwegian time/CET. The presentation, which will also be broadcast live over the Internet, will be held in Auditorium A, Telenor Expo Visitor Centre at Fornebu near Oslo. The figures will be published on Telenor's website at 08:00 CET. July 8, 2005
Telenor's acquisition of Bredbandsbolaget finalised
(Fornebu, 8 July 2005) On 21 May this year, Telenor entered into an agreement to acquire the Swedish broadband provider Bredbandsbolaget. The transaction was approved by the Swedish competition authorities at the end of June, and closing was conducted during 8 July. July 5, 2005
Telenor's acquisition of Cybercity approved
(Fornebu, 5 July 2005) On 23 May this year, Telenor acquired the Danish Internet provider Cybercity, an acquisition that has today been approved by the Danish Competition Authority. With this approval, Cybercity has now become a full member of the Telenor family of companies. July 5, 2005
DnB NOR in major agreement with Telenor
(Fornebu, 5 July 2005): DnB Nor has entered into a four-year agreement with Telenor for supplies of fixed-line and mobile telephony, including a brand new telephony solution called "One Phone Concept". Throughout the contract period the agreement has a total value of NOK 500 million. July 4, 2005
GSM Association announces new phase for emerging markets initiative
(Fornebu, Norway 4 July 2005): With the success of the GSM Association's (GSMA) initial drive to make affordable mobile communications a reality in emerging markets, the GSMA today announced a new phase for the initiative with an Invitation to Strategic Partnership issued to handset manufacturers for the supply of the next Ultra-Low Cost handset to developing markets. Telenor has a seat in the GSMA Management Board and manages the tender process in this initiative. July 1, 2005
Joint press release from Telenor ASA, Juniper Networks and Siemens Communications
(Fornebu 1 June 2005) Siemens and Juniper Networks win IP contract from Telenor to support Telenor's new multiservice IP platform. The Norwegian carrier Telenor ASA, with headquarters in Norway, has commissioned Siemens Communications to upgrade its broadband network to a Next Generation IP MPLS (Multiprotocol Label Switching) Network. July 1, 2005
Telenor sells Tiscali dial-up Internet customer base
(Fornebu, 1 July 2005) On 15 March this year, Telenor received the Norwegian Competition Authority's approval for its acquisition of Tiscali AS. In accordance with the agreement with the authorities, Telenor is now selling the Tiscali dial-up Internet customer base. Buyer is the MTU Group.
