Telenor Is Said to Kick Off Sale of $1 Billion Pakistan Business

Telecommunications company of Norway

Telenor ASA
Type State-owned Allmennaksjeselskap

Traded equally

OSE: TEL
Industry Telecommunications
Founded 1855; 167 years agone
 (1855)
Headquarters Fornebu, Norway

Key people

Sigve Brekke
(President and CEO), Gunn Wærsted
(Chair of the Board)
Products Fixed line and mobile telephony, internet, digital television, IT services, IPTV
Revenue Decrease
110.2 billion kr (2021)[i]

Operating income

Decrease
21.5 billion kr (2021)[one]

Cyberspace income

Decrease
4.vi billion kr (2021)[one]
Full assets Decrease
225.vii billion kr (2021)[i]
Total disinterestedness Decrease
26.3 billion kr (2021)[1]
Owner Regime of Norway (54%)
Free bladder (46%)

Number of employees

16,000 (2021)[1]
Website telenor.com

Telenor ASA
(Norwegian pronunciation:
[ˈtêːlənuːr]
or

[tɛləˈnuːr])[two]
is a Norwegian bulk state-owned multinational telecommunications company headquartered at Fornebu in Bærum, shut to Oslo. It is one of the globe’s largest mobile telecommunication companies with operations worldwide, but focused in Scandinavia and Asia. Information technology has all-encompassing broadband and Goggle box distribution operations in four Nordic countries, and a 10-yr-old research and business line for machine-to-motorcar technology. Telenor owns networks in 8 countries.[3]

Telenor is listed on the Oslo Stock Exchange and had a market capitalization in November 2015 of kr 225 billion, making it the third largest visitor listed on the OSE subsequently DNB and Equinor (previously known as Statoil).[4]

History

[edit]

Telenor headquarters at Fornebu but west of Oslo, Norway. This is the western section containing group staffs and – equally tenants – the offices of Huawei Norway.

Telenor headquarter eastern section, containing Telenor Broadcast and Telenor Norway.

CEO Sigve Brekke, caput of the Telenor Group since Baronial 2015

Former CEO Fredrik Baksaaas (left) with Ericsson CEO Carl-Henrik Svanberg, 2008.

One-time fashion
Telenor Mobile
SIM, with the former visitor logo.

Kjell Holler (correct) was a Norwegian industrialist who headed Televerket, afterward having served as Minister of Industry of Norway.

Telegraph

[edit]

Telenor started off in 1855, as a state-operated monopoly provider of telegraph services named
Telegrafverket. The showtime Norwegian planning for a telegraph were launched within the Purple Norwegian Navy in 1848, only by 1852, the plans were public and the Parliament of Norway decided on a plan for amalgam a telegraph system throughout the land. Televerket began by connecting Christiania (at present Oslo) to Sweden (Kingdom of norway was at that time in a marriage with Sweden) also every bit Christiania and Drammen. By 1857, the telegraph had reached Bergen on the westward coast via Sørlandet on the due south declension, and by 1871, it had reached Kirkenes on the far north coast. Cable connections were opened to Kingdom of denmark in 1867 and to Great Britain in 1869. The telegraph was nigh important for the merchant marine who now could use the electric telegraph to instantly communicate between unlike locations, and get a whole new reward from meliorate logistics.[5]

Telephone

[edit]

The showtime telephone service in Kingdom of norway was offered in 1878, between Arendal and Tvedestrand, while the starting time international telephone service betwixt Christiania and Stockholm was offered in 1893. Automation of the telephone organization was started in 1920, and completed in 1985. In 1946, the first Telex service was offered, and in 1976, satellite telephone connections to the Norwegian merchant navy, at the time the largest in the world and to oil platforms in the North Sea were made operational. This is the beginning of Inmarsat Satellite Communication, and formed the first steps to digitalise the phone network in 1980–1985.[vi]

Televerket opened its first manual mobile telephone system in 1966, existence replaced with the automatic NMT system in 1981, and the enhanced NMT-900 in 1986. Norway was the get-go country in to get an automated mobile telephone system. The digital GSM organization came into use in 1993. The 3rd generation of mobile technology with UMTS organisation began full operation 2004.[7]
The Opera web browser was created in 1994 by Jon Stephenson von Tetzchner and Geir Ivarsøy during their tenure at Telenor, and Opera Software was established in 1995, when they went on to continue evolution of their browser.[8]
Telenor and Huawei conducted a successful exam of 5G with seventy Gbit/south Speeds in Lab environment.[9]

Deregulation and internationalisation

[edit]

The corporation changed its proper noun to
Televerket
in 1969. In 1994, so the Norwegian Telecom was established as a public corporation. The telecom sector in Norway, was deregulated in stages between 1994 and 1998. An attempt to merge Telenor with its counterpart in Sweden, Telia, failed in 1999, while both all the same were owned by their corresponding governments. On four December, 2000, the company was partially privatised and listed on Oslo Stock Substitution and NASDAQ.[10]
The privatisation gave the company 15.six billion kr in new capital, with the Regime of Kingdom of norway owning 77.7% of the company. As of 2014, the Norwegian regime holds 53.97% of the Telenor shares direct and another iv.66% through the Pension Fund.[11]

In the second half of the 1990s, Telenor began mobile operations in other countries: Russia (1994), Bangladesh, Greece, Ireland, Germany and Austria (1997), Ukraine (1998), Malaysia (1999), Kingdom of denmark and Thailand (2000), Hungary (2002), Montenegro (2004), Pakistan (2004), Slovakia, Czech Democracy, Serbia (2006), Myanmar (2014). Operations in Greece, Ireland and Germany were sold in 1999/2000, and profits were re-invested in emerging markets. In October 2005, Telenor acquired Vodafone Sweden, changing the name to Telenor in April 2006.

Grameenphone was the first Telenor venture in the Asian telecom market and is at present the largest mobile operator in Bangladesh, Telenor holds 55.8 per cent of the company. Grameenphone started trading its shares on the stock exchanges in Dhaka and Chittagong on sixteen November 2009. The success of Grammeenphone lead to an increased focus on Asia, with successful entries into Malaysia, Thailand Pakistan, and Myanmar. Telenor also entered Republic of india, but had to withdraw from that market in 2017, with substantial losses.

In March 2018, Telenor sold its business concern in Southeast Europe (Bulgaria, Republic of hungary, Montenegro and Serbia) to the PPF Grouping, for a sum of 2.8 billion euros in order to focus more on Asia and the Nordic market.[12]

In 2019, Telenor bought Dna, the tertiary largest mobile operator in Republic of finland.[13]

On 21 June 2021, Axiata, Telenor and Digi agree to a potential merger of Celcom and Digi to create a stronger telco in Malaysia, which if approved volition be completed by the second quarter of 2022. This come after advanced discussions ii months earlier.[14]
[xv]
[16]

On 22 November 2021, Telenor and Charoen Pokphand Grouping, officially announced they have agreed to explore a USD viii.6 billion merger plan between Thailand’southward 2nd and tertiary largest telecom operators (by subscribers), True Corporation (TRUE) and Total Admission Communication (DTAC) – the proposed merger is discipline to regulatory approvals.[17]
The merger was “acknowledged” by the regulator NBTC at a meeting on October 20, 2022.[18]
The company will be named True-D and volition exist listed on the Stock Exchange of Thailand in December 2022.[nineteen]
[20]

Operations

[edit]

Telenor offers a full range of telecommunication services in the Nordic countries, including mobile and fixed telephony, Internet access and every bit well as cable TV access and content. Telenor however remains the largest actor in Norway despite contest from Telia and others.

The grouping holds a prominent position in the Scandinavian Broadband and TV market place, both with regard to the number of subscribers and to the extent of coverage. The Idiot box distribution is branded Allente. Telenor is likewise a prominent thespian in Asia with operations in five different Asian countries.

At year-end 2021, Telenor held controlling interests in mobile operations in Kingdom of norway, Kingdom of denmark, Republic of finland, Sweden, Thailand, Malaysia, Bangladesh, Myanmar and Pakistan. The Myanmar functioning was appear sold in 2021, and the transaction completed in March 2022.

Country Operator Native proper name Buying stake 2019 revenue (million NOK)

Norway
Telenor Kingdom of norway Telenor 100% 28 658

Denmark
Telenor Kingdom of denmark Telenor 100% 4 871

Finland
DNA DNA 100% 3 433

Sweden
Telenor Sverige Telenor 100% 12 857

Bangladesh
Grameenphone গ্রামীণফোন 55.8% 14 980

Malaysia
DiGi digi 49% xiii 572

Islamic republic of pakistan
Telenor Pakistan ٹیلی نار 100% six 033

Thailand
True-D ทรู-ดี 19.64% 22 994

Telenor Maritime Radio is responsible for the infrastructure for maritime radio communication in Kingdom of norway, and besides includes 5 staffed coast radio stations whose primary purpose is to monitor the maritime radio traffic (over e.g. VHF and MF bands) and to aid marine vessels in distress.[
citation needed
]

Enquiry

[edit]

Telenor Research is Telenor’s corporate unit for enquiry. The unit conducts research and delivers research based communication on topics such as market, technology, data analytics, innovation and organization. Telenor Enquiry provides enquiry based analysis and strategic recommendations to the Telenor Grouping, as well as to the individual Business Units across Telenor markets. Telenor Research’s mission is to create business concern value for Telenor through applied research.

Car-to-machine

[edit]

Telenor started exploring the M2M potentials in 2000, when Telenor R&D established a project both aimed at applied science, services and concern models. This was farther spurred when Telenor caused the Swedish mobile company Europolitan, which contained parts of Vodafone’s research capabilities in the surface area. As a upshot, ii separate companies accept been established: Telenor Connection in Stockholm, Sweden[21]
(aiming higher up in the M2M value chain), and Telenor Objects (aiming further down in the value concatenation). The initiative has resulted in a substantial market place share of Europe’due south fast-growing M2M marketplace and is being used by Nissan in Europe to connect its customers’ Electric Cars.[22]

Broadcast

[edit]

Telenor’s wholly owned subsidiary Canal Digital is a leading Tv content distributor in the Nordic region with about 2.7 million customers in 2011.[23]
On 13 April, 2021, the merger of Canal Digital and Viasat in Allente was completed.

Telenor too operates the national terrestrial circulate network in Norway, through its subsidiary Norkring.

Thor is a family of satellites owned by Telenor. On 11 Feb, 2008, the THOR 5 satellite was launched into geostationary orbit. The launch was provided by International Launch Services using a Proton-M launch vehicle built by Khrunichev Space Center.[24]
Telenor operates three satellites from its satellite control centre at Fornebu (THOR5, THOR6 & THOR7)[
citation needed
]

Quondam operations

[edit]

Telenor has sold a number of divisions after its privatisation, including Bravida,[25]
the former installation division and Findexa, now part of Eniro that is responsible for phone directories. The browser vendor Opera Software originated in Telenor’s R&D department.[26]
Telenor formerly provided a range of services related to satellite communication, including voice, television receiver and information earlier its Telenor Satellite Services division was purchased by Vizada in 2007.

Telenor has also previously been agile in a number of international markets as a mobile phone network operator:

Country Year of entry Year of exit

Hellenic republic
1997 1999

Ireland
1997 1999

Deutschland
1997 2000

Slovakia
1998 2005

Czech republic
1998 2005

Republic of austria
1997 2007

Republic of india
2009 2017

Serbia
2006 2018

Montenegro
2004 2018

Bulgaria
2013 2018

Republic of hungary
2002 2018

Russia
1994 2019

Ukraine
1998 2019

Myanmar
2014 2021

See as well

[edit]

  • COMSAT mobile communications
  • AeroMobile
  • Opera Software ASA

References

[edit]

  1. ^


    a




    b




    c




    d




    eastward




    f




    “Almanac Report 2021”
    (PDF). Telenor. pp. 3, 74, 76. Retrieved
    14 May
    2022
    .



  2. ^


    Kristoffersen, Gjert (2007),
    The Phonology of Norwegian, Oxford University Press, p. 20, ISBN978-0-19-823765-5



  3. ^

    Global presence – Telenor website. Retrieved October 23, 2017.

  4. ^


    “Oslo Børs All Shares”.
    Oslo Bors. Oslo Børs. Retrieved
    9 December
    2016
    .



  5. ^

    Pryser, Tore (1999)
    Norsk Historie 1814-1860, volume iv of
    Norsk historie. Det Norske Samlaget, Oslo ISBN 82-521-5184-one

  6. ^


    “Telenor: Om Telenor > Virksomhet > Historie > Kronologi”. Archived from the original on 2006-08-23. Retrieved
    2006-08-23
    .



  7. ^


    “Telenor: Om Telenor > Virksomhet > Historie”. Archived from the original on 2006-08-19. Retrieved
    2006-08-27
    .



  8. ^


    Sengupta, Debjoy (ix December 2010). “Opera is the oldest browser, and it is still surviving: Jon Tetzchner, founder, Opera software”.
    The Economic Times.



  9. ^


    “Telenor and Huawei Conduct Successful Test of 5G with 70 Gbps Speeds”. 20 November 2021.


  10. ^


    Valderhaug, Roar (2000-12-04). “Telenor på børs til bunnpris” [Telenor on the stock exchange at a base price].
    Aftenposten. pp. 23 Økonomi.



  11. ^


    “Telenor Group | Major Shareholdings”. Archived from the original on 2015-09-12. Retrieved
    2014-11-18
    .



  12. ^


    Dagenborg, Joachim; Knudsen, Camilla (21 March 2018). “Norway’due south Telenor exits cardinal Europe with $3.four billion nugget sale to Czech investor PPF”.
    reuters.com
    . Retrieved
    21 March
    2018
    .



  13. ^

    Reuters

  14. ^


    “Axiata, Telenor and Digi Sign Transaction Agreements for the Proposed Merger of Celcom and Digi”.
    Axiata. 21 June 2021. Retrieved
    21 June
    2021
    .



  15. ^


    “Axiata and Telenor in Advanced Discussions to Merge Celcom and Digi”.
    Axiata. viii April 2021. Retrieved
    21 June
    2021
    .



  16. ^


    “Axiata, Telenor, Digi sign agreements to merge Malaysian mobile ops”.
    The Star. 21 June 2021. Retrieved
    21 June
    2021
    .



  17. ^


    “A deep dive into the Truthful/DTAC merger in Thailand”.
    Yozzo.com
    . Retrieved
    2022-01-06
    .



  18. ^

    Thai telecoms regulator allows $7.3bn Truthful-DTAC merger

  19. ^

    เปิดไทม์ไลน์ “True-DTAC” เดินหน้าควบรวมกิจการสินทรัพย์ eight แสนล้าน หลัง บอร์ด กสทช. ไฟเขียว ลือสะพัดชื่อบริษัทใหม่“TRUE-D” (in Thai)

  20. ^

    Explainer: Truthful-Dtac merger deal born after 9 months

  21. ^


    “IoT solutions | 500+ networks 200+ countries”.
    Telenor Connexion
    . Retrieved
    2021-x-24
    .



  22. ^


    “European Nissan Leaf gets e’er-on connection, lets you lot turn upward the AC wirelessly”.


  23. ^

    Svensker vil kjøpe Canal Digital E24 Næringsliv. one September 2011. Retrieved 16 November 2013
    (in Norwegian)

  24. ^


    “ILS Proton successfully launches THOR five satellite”. ILS. Archived from the original on 2008-02-26.


  25. ^

    Triton says sells Sweden’s Bravida to Bain Majuscule Reuters, 12 May 2012. Retrieved fifteen November 2013

  26. ^

    Arild Færaas (26 May 2012) Amerikanske medier: Facebook vurderer å kjøpe opp Opera Aftenposten. Retrieved 16 November 2013
    (in Norwegian)

External links

[edit]


  • Official website



Source: https://en.wikipedia.org/wiki/Telenor

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