Associated tags: NOK, TEL, Oslo Stock Exchange, Society, Telecommunications, Telenor
Locations: EUROPE, NORTH AMERICA, INDIA, NORWAY, MIDDLE EAST, MO I RANA, NO, ASIA
Retrieved on:
Monday, February 26, 2024
With this collaboration, Telenor plans to become a sovereign AI cloud partner of NVIDIA, enabling generative AI across Nordic markets at the national level.
Key Points:
- With this collaboration, Telenor plans to become a sovereign AI cloud partner of NVIDIA, enabling generative AI across Nordic markets at the national level.
- As part of the collaboration, Telenor will leverage NVIDIA’s expertise in AI, cloud, and network technologies to create new opportunities for internal efficiencies and improve customer solutions.
- The collaboration will offer Telenor access to the latest NVIDIA hardware and AI enterprise software to help drive Telenor’s AI ambitions and support a number of AI use cases across Telenor’s operations.
- The centre would foster collaboration and innovation among the AI community to support the development of ethical and responsible AI applications.
Retrieved on:
Wednesday, February 7, 2024
Intelligence,
Growth,
Medium,
DNA,
EPSI,
NOK,
Investment,
Artificial intelligence,
Water supply,
Weather,
Speedtest.net,
Record,
Health,
Brekke Telenor ended last year strongly with solid top-line growth and strong cash flow both in the fourth quarter and for the full year.
Key Points:
- Telenor ended last year strongly with solid top-line growth and strong cash flow both in the fourth quarter and for the full year.
- Service revenues for the fourth quarter were NOK 16.1 billion, up 4.9 per cent compared with the same period last year.
- "The fourth quarter was yet another strong quarter for Telenor," continues Brekke.
- In the fourth quarter alone, Telenor stopped around 300 million attempts at digital crime against Norwegian customers, which is an increase of around 30 percent compared to the previous quarter.
Retrieved on:
Tuesday, February 6, 2024
Internet of things,
Research,
Safety,
Climate,
Antarctic,
Communication,
Kongsberg Satellite Services,
KSAT,
Troll Satellite Station,
Motivation,
Communications satellite (Antarctica, 6 February 2024) – In a groundbreaking venture, Telenor announces the opening of the world's southernmost commercial base station in Antarctica, setting a new benchmark for connectivity in the harshest of environments.
Key Points:
- (Antarctica, 6 February 2024) – In a groundbreaking venture, Telenor announces the opening of the world's southernmost commercial base station in Antarctica, setting a new benchmark for connectivity in the harshest of environments.
- What makes this base station unique, aside from being the southernmost in the world, is that it’s operated from the world's northernmost at Ny Ålesund.
- Head of Telenor Svalbard, Christian Skottun, emphasizes that a strong collaboration with the Norwegian Polar Institute is the foundation for establishing mobile coverage in Antarctica.
- "There has been a fruitful dialogue with the Norwegian Polar Institute regarding the possibilities offered by a base station in Antarctica.
Retrieved on:
Thursday, December 14, 2023
Oslo, Islamabad, Singapore, 14 Dec 2023: Telenor Group today announces the sale of its Pakistan telco operations to Pakistan Telecommunications Company Ltd (“PTCL”), which is part of technology and investment group e&.
Key Points:
- Oslo, Islamabad, Singapore, 14 Dec 2023: Telenor Group today announces the sale of its Pakistan telco operations to Pakistan Telecommunications Company Ltd (“PTCL”), which is part of technology and investment group e&.
- The sale is part of Telenor’s strategy to build scale and market-leading players in Asia, as presented at the 2022 Capital Markets Day.
- It concludes the strategic review of the telco operations in Pakistan, which was announced in July 2022.
- We thank and acknowledge the commitment of the Telenor Pakistan team and partners, who will continue to serve customers well in the transition.
Retrieved on:
Thursday, November 16, 2023
Sale,
EBITDA,
Acquisition,
EBIT,
Parliament,
NOK,
EVP,
Fishery,
Partnership,
Letter,
Government,
Communications satellite,
Telenor,
Fornebu Fornebu, 16 November 2023 – Telenor has entered into an agreement with Space Norway regarding the sale of its subsidiary Telenor Satellite.
Key Points:
- Fornebu, 16 November 2023 – Telenor has entered into an agreement with Space Norway regarding the sale of its subsidiary Telenor Satellite.
- With Space Norway, Telenor Satellite will have an industrial owner who has the right competence and who will prioritise the required financial resources to realise the company’s potential.
- Telenor and Space Norway have already signed a letter of intent outlining a strategic partnership and possible joint business development initiatives, in particular regarding additional satellite capacity and satellite consulting services.
- "The government will propose to the Parliament that Space Norway be provided with capital to finance the acquisition of Telenor Satellite.
Retrieved on:
Wednesday, October 25, 2023
"Third quarter was a strong quarter for Telenor.
Key Points:
- "Third quarter was a strong quarter for Telenor.
- We delivered solid growth and earnings momentum in the Nordics and saw firm traction for synergy realisation in Asia," says Sigve Brekke, CEO of Telenor Group.
- We continue to see strong customer validation and receive top customer experience ratings for our consumer mobile services in Denmark, Finland and Sweden," says Sigve Brekke, CEO of Telenor Group.
- Telenor Nordics delivered 4% service revenue growth and 8% EBITDA growth in the third quarter, supported by strong operational performance and lower energy prices.
Retrieved on:
Tuesday, October 10, 2023
OTCQX,
OTCQB,
Norsk Hydro,
Hafnia,
OTC Markets Group,
Nordea,
Joseph Cross (trade unionist),
Nordic countries,
Corporate services,
Aviation,
ASA,
Name,
Telecommunications,
Security (finance),
Nordic NEW YORK, Oct. 10, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced the addition of five companies to the growing roster of Nordic companies trading on the OTCQX® Best Market.
Key Points:
- NEW YORK, Oct. 10, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced the addition of five companies to the growing roster of Nordic companies trading on the OTCQX® Best Market.
- The recent additions include Stora Enso Oyj (OTCQX: SEOJF; SEOFF; SEOAY); Nordea Bank Abp (OTCQX: NRDBY; NBNKF); Telenor ASA (OTCQX: TELNF; TELNY); Akobo Minerals AB (OTCQX: AKOBF); and Redsense Medical AB (OTCQX: RDSNF).
- These additions to the OTCQX Market highlight significant milestones for OTC Markets Group’s growing presence in the Nordic Region.
- “We are thrilled to provide Nordic companies with an efficient path to access the U.S. Market,” said Joe Coveney, Vice President of Corporate Services at OTC Markets Group.
Retrieved on:
Thursday, September 28, 2023
NEW YORK, Sept. 28, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Telenor ASA (Oslo Bors: TEL; OTCQX: TELNF; TELNY), a holding company that provides fixed and mobile communication networks through its subsidiaries, has qualified to trade on the OTCQX® Best Market.
Key Points:
- NEW YORK, Sept. 28, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Telenor ASA (Oslo Bors: TEL; OTCQX: TELNF; TELNY), a holding company that provides fixed and mobile communication networks through its subsidiaries, has qualified to trade on the OTCQX® Best Market.
- Telenor ASA upgraded to OTCQX from the Pink® market.
- Telenor ASA begins trading today on OTCQX under the symbol “TELNF” and “TELNY.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .
- Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors.
Cloud,
Group technology,
Capital market,
EVP,
Phadke,
Ruza,
Innovation,
Paladin Group (security company),
Fornebu,
Telenor India,
Google Cloud,
CFO,
Growth,
Ministry of Research, Innovation and Science,
Management,
Consultant,
Mobile phone,
Telenor,
Nordic (Fornebu, 22 August 2023) Telenor is implementing changes to the Group Leadership Team, as the company continues to execute on the strategic ambitions towards 2025.
Key Points:
- (Fornebu, 22 August 2023) Telenor is implementing changes to the Group Leadership Team, as the company continues to execute on the strategic ambitions towards 2025.
- Jørgen C. Arentz Rostrup is appointed EVP and Head of Telenor Nordics and Petter-Børre Furberg is appointed EVP and Head of Telenor Asia.
- The President & CEO of Telenor Group, Sigve Brekke, says the changes announced today will continue the implementation of the strategy, including structural partnerships and initiatives in Asia.
- Telenor Group is also announcing that Amol Phadke has been appointed EVP and Group Chief Technology Officer and will become a member of Telenor’s Group Leadership Team.
Retrieved on:
Thursday, August 10, 2023
Fornebu, 10 August 2023 – Telenor announces that all shares in software company Working Group Two will be acquired by the global communications technology company Cisco.
Key Points:
- Fornebu, 10 August 2023 – Telenor announces that all shares in software company Working Group Two will be acquired by the global communications technology company Cisco.
- Telenor sells its 44.6 per cent share of Working Group Two, in a transaction where Cisco will acquire all shares in the company for an enterprise value of 150 million USD.
- Working Group Two will be incorporated fully into Cisco.
- Cisco is an excellent future home for Working Group Two with a shared vision for how the industry should evolve.
