December 23, 1999
Telenor and Sun Microsystems in partnership: On-line to develop mobile Internet solutions
December 22, 1999
Increased Cash Offer byTELENOR IRELAND for ESAT TELECOM GROUP PLC
The Board of Telenor Ireland announces a revision to increase the cash offer for the entire issued and to be issued ordinary share capital of Esat to $85 for each Esat ADS or $42.50 for each Esat Share (equivalent to approximately €42.1 per Esat Share).
December 21, 1999
Tormod Hermansen reinstalled as CEO of Telenor
The board of Telenor AS has reinstalled Mr. Tormod Hermansen as the company’s Chief Executive Officer from 1 January 2000. Hermansen is now formally CEO of Newtel AB – the Telenor/Telia merged company which is to be dissolved following the decision to end the merger.
December 16, 1999
Tormod Hermansen, CEO Telenor/Telia:
”I strongly regret that it was not possible to carry out a successful merger between Telenor and Telia. In the current situation, it was the right thing for the Government to reverse the decision,” says Telenor/Telia’s CEO Tormod Hermansen.
December 8, 1999
Telenor/Telia sells Telia Norge to Enitel for NOK 2,000 million
Telenor/Telia have entered into an agreement to sell the Norwegian subsidiary Telia Norge AS to Enitel. Total selling price is NOK 2,000 million. Through the sale, Telenor/Telia will make a profit of c. NOK 1,400 million.
December 8, 1999
Telenor/Telia -Group acquires German business ISP OMNILINK
(Oslo/Stockholm/Frankfurt, 8/12/99)Telenor/Telia, the recently merged Scandinavian telecommunications Group, continues its ambitious international expansion into Germany.
OMNILINK is the second German business ISP to be acquired by the Group this month, after the successful acquisition of Darmstadt-based e.comp.
December 1, 1999
Newtel AB: Cash Offer for Esat Telecom Group PLC
November 29, 1999
KPN and Telia/Telenor announce intention to dispose of their 35% stake in Eircom
After three successful years of partnership, KPN Royal Dutch Telecom and Telia of Sweden intend to dispose of their strategic investment in Irish telecom operator Eircom. This decision follows the European Commission's requirement that the combined Telia/Telenor group divest of one of their interests in competing Irish telecommunications operators.
November 25, 1999
Advisers appointed for the sales of cable TV business
Telenor/Telia announces the appointment of NM Rothschild & Sons (“Rothschild”) and D. Carnegie AB (“Carnegie”) as joint advisers on the sale of their respective cable TV businesses, TIMTV and Telenor Avidi. Disposal of those businesses is a condition of EU approval of the merger between the two parent companies.
[Not for release, publication or distribution in or into the United States of America, Australia,Canada or Japan]
November 23, 1999
Sense Communications buys GSM network capacity from Telia/Telenor Mobile
Telia/Telenor Mobile have signed service provider agreements with telecom operator, Sense Communications International AS. Sense will buy GSM network capacity from the two companies allowing it to develop and offer a suite of mobile communications services to its own customer base throughout Sweden and Norway.
November 21, 1999
NEWTEL IRELAND AB Cash offer for ESAT TELECOM GROUP PLC
The board of Newtel Ireland AB (“Newtel Ireland”) confirms that, following the announcement last week by the Governments of Norway and Sweden that the merger of Telenor AS and Telia AB to form Newtel AB is to be unwound, Newtel AB has agreed to sell the shares held by it in Newtel Ireland AB to Telenor AS. Consequently, Newtel Ireland is a wholly owned subsidiary of Telenor AS and is being renamed Telenor Ireland AB.
November 18, 1999
Telenor/Telia acquires German business ISP: e.comp
(Darmstadt/Oslo/Stockholm) Telenor/Telia, the recently merged Scandinavian telecommunications group, continues its ambitious international expansion into Germany. With the acquisition of e.comp, an Internet Service Provider focusing on the business market, Telia/Telenor will enter Germany's large and demanding professional IP-based communication services market.
November 16, 1999
Telenor/Telia cuts Norwegian mobile prices by NOK 150 per customer
Beginning on 1 February 2000, Telenor will change its pricing structure and cut call prices for its GSM mobile phone customers. Calls will be billed in seconds with an initial charge, making it cheaper to call and send text messages. All in all, the move will give net price reductions of NOK 250 million (more than 31 million USD) in 2000. This is a seven per cent cut, or NOK 150 per GSM subscriber (nearly 19 USD).
November 2, 1999
Telenor/Telia: Stronger earnings despite deep price cuts
Telenor and Telia reported earnings higher than in the corresponding period the preceding year, excluding one-off items. Higher earnings resulted from a combination of stronger revenues and successful cost-cutting, mainly in the domestic markets.
October 15, 1999
Telenor and Q-Free take the first step to European toll road standard
Q-Free and Telenor were recently chosen as contractors for a new electronic tag system for road toll collection in Norway. The project, called Autopass, will set a new standard for Electronic Fee Collection system (EFC) in Norway. This new tag is the first step towards a common European toll road standard.
October 13, 1999
EU approves merger of Telenor and Telia
The EU Commission said yes on Wednesday to the merger of Telenor and Telia. "The decision was very welcome, and we have plans ready to introduce a strong, customer-oriented and very competitive telecommunications company to the Scandinavian market and internationally", says the future President and CEO Tormod Hermansen.
October 11, 1999
Telenor Mobil introduces Internet access from your mobile phone
Telenor Mobil announces the launch of a service which will provide mobile phone subscribers with Internet access from their phones. The technology is called WAP (Wireless Application Protocol) and links GSM and the Internet, allowing users access to information and services hosted on standard WEB servers.
August 12, 1999
Telenor Reports Continued Revenue Growth
The Telenor Group recorded an operating profit of NOK 1811 million for the first six months of 1999. This is an increase of NOK 42 million compared to the corresponding period in 1998. Turnover increased during the same period by over 15 per cent to NOK 15 851 million.
August 5, 1999
New mobile record in the 1st half year: prepaid subscriptions leap ahead
Sales of mobile phones are still breaking all records in Norway. So far this year Telenor Mobil has sold 266,984 new GSM subscriptions, making a total of 100,000 more GSM subscriptions in the first half of the year compared with the same period in 1998. RingKontant, i.e. prepaid subscriptions, account for more than 90 percent of the new sales. Telenor Mobil is now expanding network capacity for RingKontant in order to be able to cope with its gigantic growth.
July 8, 1999
Telenor with new mobile offer this summer: prepaid service can be used from abroad
(Oslo, 07-08-99) From 9 July, customers who use Telenor Mobil's prepaid service will be able to use their mobile telephones abroad. Users of the prepaid service will be able to make calls from and receive calls to their mobile 'phone, and send and receive text messages when they are abroad.
July 8, 1999
Grameen Phone signs long-term international loan agreement
(Oslo/Bangladesh, 07-08-99) Grameen Phone in Bangladesh has signed a 55 million US dollar financing package agreement with the Asia Development Bank (ADB), International Finance Corporation (IFC) and the Commonwealth Development Corporation (CDC). The loan and equity agreement was signed in Dhaka on Wednesday 7th July and provides for a 16,67 million US dollar loan and an equity investment of 1,57 million dollar each from IFC, ADB and CDC. Telenor is the majority shareholder in Grameen Phone with 51%.
July 7, 1999
Aliatel and Telenor confirm consortium partnership in Czech Republic
July 2, 1999
Year 2000 is ready for your call
(Oslo, 07-02-99) Telenor’s network is now year 2000 ready. Phone calls and other telecommunications and data services supplied by Telenor are now taking place on year 2000 ready networks. Telenor has tested and corrected its services with possible year 2000 errors in mind, 6 months before New Year.
