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Telenor ASA (TELNY)

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11.080.00 (0.00%)
At close: 03:45PM EST
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  • GlobeNewswire

    Executing on the strategy

    “The quarter represents significant progress on our new strategic roadmap towards 2025. Mobile service revenues in Telenor Nordics increased by 5 percent, demonstrating the growth potential in the region. We completed the merger in Malaysia establishing CelcomDigi as the clear market leader, we agreed on the sale of 30 percent of the Norwegian fibre business, and we completed the decommissioning of the copper network in Norway. All in the same quarter”, says Sigve Brekke, President and CEO of Te

  • GlobeNewswire

    Sale of 30% of the Norwegian Fibre business completed

    Fornebu, 1 February 2023 – Telenor today closes the transaction to divest 30 percent of newly established Telenor Fiber AS, in Norway to a consortium led by KKR, investing through its Core Infrastructure strategy, with Oslo Pensjonsforsikring as co-investor. The agreed sales price is based on an enterprise value of NOK 36.1 billion for the Norwegian fibre business which had a proforma EBITDA of NOK 1.7 billion in 2021. “This transaction is an important milestone in our new strategy of reshaping

  • GlobeNewswire

    Axiata and Telenor Announce the Successful Completion of the Celcom and Digi Merger

    (Kuala Lumpur/Singapore, 30 November 2022) Axiata Group Berhad (“Axiata”), Telenor Asia Pte Ltd (“Telenor”) and Berhad (“Digi”) announced the completion of the merger of the telco operations of Celcom Axiata Berhad (“Celcom”) and Digi (together “Celcom Digi”). With this, Axiata and Telenor (together “Parties) will both hold equal ownership in Celcom Digi at 33.1 per cent each. On completion, Axiata received newly issued Digi shares representing 33.10 percent of the enlarged share capita