Telenor ASA (TELN)

Cellular News  Apr 6  Comment 
Telenor has secured a reduction in the license fees it was due to pay for its Indian joint venture as a consequence of the cancellation of the controversial 2008 GSM licenses. Click here for more.
The Economic Times  Apr 4  Comment 
Norwegian telecom operator Telenor today said it has been allowed to offset Rs 1,660 crore against payment due for spectrum bought in November 2012.
Cellular News  Apr 4  Comment 
Telenor Norway has announced that as part of a cost-cutting measure, 182 staff have accepted an offer of voluntary redundancy at the company. Click here for more.
Cellular News  Mar 31  Comment 
Ericsson today announced that it has been awarded a 5-year contract for multivendor managed services to support Telenor's mobile network rollout in Myanmar. Click here for more.
Cellular News  Mar 28  Comment 
The EFTA Surveillance Authority says that it has opened formal antitrust proceedings against Telenor Norge and its parent company to investigate whether they may have infringed the competition rules in the EEA Agreement. Click here for more.
Cellular News  Mar 28  Comment 
Norway's Telenor is considering raising its stake in its Indian subsidiary to full ownership, but will not until the ongoing regulatory uncertainly is resolved. Click here for more.
The Economic Times  Mar 26  Comment 
Telenor today promoted its Indian arm Uninor's CFO Prasoon Sinha, who will now move to Group Finance at its headquarters at Oslo.
Wall Street Journal  Mar 26  Comment 
Norwegian telecommunications company Telenor ASA said it has agreed to sell its television security unit Conax AS to Switzerland-based Kudelski SA for 1.51 billion Norwegian kroner ($250.2 million).
The Economic Times  Mar 25  Comment 
The telco wants more regulatory clarity on M&A, spectrum trading and sharing, failing which there won’t be much consolidation in the sector.

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Telenor ASA provides voice, data, content and other communication services in 13 countries across Europe and Asia. The Company’s businesses in Norway, Sweden, Denmark and Russia offer both mobile and fixed telecommunication services, while the other businesses offer mobile telecommunication services. In addition to the mobile and fixed operations, the Company’s core business comprises Telenor Broadcast, which provides television services. The Company has four segments: mobile communication, fixed line communication (Fixed), television-based activities (Broadcast), and others. On 17 March 2009, Telenor ASA announced the acquisition of a 33.5% ownership interest in Unitech Wireless.


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