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 →
FORNEBU ( PRESS RELEASE ) Telenor has today published its Global Impact Report, quantifying the company’s socioeconomic impact. The report was compiled by KPMG, and shows that Telenor contributed an estimated USD 20.3 billion towards economic growth (measured in terms of Gross Value Added[i]) across its 13 markets in 2015.Read More →
FORNEBU ( PRESS RELEASE ) Telenor ASA today announces that the underwriters have priced its offering of 142,500,000 VimpelCom Ltd. American Depositary Shares (ADSs) in the United States at a public offering price of USD 3.50 per ADS, resulting in net proceeds to Telenor of USD 486,281,250. Telenor has alsoRead More →
FORNEBU ( PRESS RELEASE ) Telenor ASA today announced that it has commenced a public offering in the United States of 142,500,000 of its VimpelCom Ltd. American Depository Shares (ADSs). Telenor currently owns approximately 580 million ADSs, or 33 per cent of VimpelCom’s total outstanding common shares. The transaction announcedRead More →
ISLAMABAD (HAFEEZ REPORT) Telenor Group today announced that Irfan Wahab Khan is appointed the CEO of Telenor Pakistan. He will be the first Pakistani CEO of the company since it started operations in Pakistan. Telenor Group has today appointed Michael Foley as Chief Executive Officer (CEO) of Telenor Bulgaria and Irfan Wahab KhanRead More →