ISLAMABAD ( PRESS RELEASE ) The Board of Directors of Telenor Group approved the financial statements for 2017 for issuance, subject to approval by the Annual General meeting on 2 May 2018. Attached are the consolidated statements of income, comprehensive income, financial position, cash flows and changes in equity forRead More →
ISLAMABAD (PRESS RELEASE) Telenor Group has reached a strategic partnership agreement with Ant Financial Services Group (“Ant Financial”) in Pakistan, where Ant Financial will invest USD 184.5 m for a 45% stake in Telenor Microfinance Bank (“TMB”), a subsidiary of Telenor Group, to further develop TMB’s mobile payment and digitalRead More →
NORWAY (MEDIA REPORT) Telenor has finalised the market part of the 2017-2018 buyback programme announced on 17 July 2017. The total programme comprises 30.00 million shares, of which 13.81 million shares were repurchased in the open market. The remaining 16.19 million shares will be purchased from the Kingdom of NorwayRead More →
ISLAMABAD (PRESS RELEASE) Telenor Group has joined the Telecom Infra Project (TIP). The global mobile operator will contribute to two TIP project groups focused on wireless networking: OpenCellular and mmWave. News that Telenor Group became a member of TIP was announced at a press event at Mobile World Congress inRead More →
DAVOS ( PRESS RELEASE ) Prime Minister Shahid Khaqan Abbasi met Mr. Sigve Brekke, CEO Telenor Group at the World Economic Forum (WEF) in Davos today. Special Assistant to PM Mr. Ali JehangirSiddiqui and senior government officials were also present. During the meeting, the Prime Minister appreciated that Telenor hasRead More →
ISLAMABAD (PRESS RELEASE) Telenor Group CEO Sigve Brekke has challenged more than 30 000 employees in 12 countries to carry out 40 hours of training and education in 2018 to transform the workforce for a digital future. “Digitalisation is fundamentally changing our societies. Embracing this change can help turn itRead More →
ISLAMABAD ( PRESS RELEASE ) Sigve Brekke, President and CEO of Telenor Group, met with the President of Pakistan to reiterate Telenor’s commitment to realizing the ambition of a digital Pakistan. Mr. Brekke visited Pakistan to visit the new Telenor Pakistan campus in Islamabad called ‘345’, the original prefix forRead More →
Oslo – Fornebu ( COMPANY PRESS RELEASE ) “We deliver a strong set of results for the second quarter with improved revenue growth, double-digit EBITDA uplift and strong cash flow generation. Both the EBITDA and the EBITDA margin are all-time high this quarter. We were able to reduce our costsRead More →
OSLO– FORNEBU ( PRESS RELEASE ) “In 2016, Telenor continued to grow revenues and delivered a record high EBITDA. We made significant progress on network deployment during the year, supporting our customers’ increasing data usage. Based on the 2016 results, we are proposing a dividend of NOK 7.80 per share,Read More →
FORNEBU ( PRESS RELEASE ) Telenor is cutting down its executive management team and reorganising its business units into four regional clusters, in changes aimed at making it a “more integrated global company”. Among those stepping down from the executive management team are Jesper Hansen CEO of Telenor Denmark, Michael FoleyRead More →
ISLAMABAD ( MEDIA REPORT ) Telenor Group has responded to questions from the media in recent days regarding cases uncovered by the Group Internal Audit that are currently being handled internally or under investigation by foreign governments. The cases concern Dtac site leases in Thailand, Grameen phone sponsor ships inRead More →
FORNEBU ( PRESS RELEASE ) The Telenor Board of Directors has had several complex issues for discussion during the past months related to themes like strategy, governance and compliance. There have been differing viewpoints in the Board on some topics. The Board has unanimously concluded on the following points: TheRead More →