COPENHAGEN: Telenor Group announced it will expand its collaboration with Amazon Web Services (AWS) to advance its sovereign cloud posture by using AWS’s sovereign-by-design technology, and leveraging Telenor’s strategic investment in Skygard. Currently under construction, Skygard is state-of-the-art secure and energy efficient data centres that Telenor is building with its partners in Norway. In the…
OSLO, NORWAY: Telenor has concluded the strategic review process of Pakistan. Telenor Pakistan B.V. (a privately limited company organised under the laws of the Netherlands) has signed an agreement to sell 100% of Telenor Pakistan (Private) Limited to Pakistan Telecommunications Company Ltd (PTCL), the national telecommunications and ICT company in Pakistan. The buyer is a…
Telenor has appointed Amol Phadke, a former Google Cloud executive, as its new Chief Technology Officer (CTO) to strengthen its artificial intelligence (AI) activities, the Norwegian telecoms firm said on Tuesday. Phadke, who led Google Cloud’s telecom business, will help Telenor use AI to make its operations more efficient, develop new products and increase energy efficiency, Telenor…
FORNEBU, NORWAY: Aker Capital, Cognite and Telenor, are establishing a software security company to serve industry and operational technology. The company called Omny will fill a gap in the cybersecurity market where there is a great unmet need for software that prevents cyber-attacks and secures businesses’ operations. The aim is to build a Norwegian software…
OSLO, NORWAY: Telenor Group and Yoma Strategic have entered into an agreement to sell Telenor Group’s 51 percent share of Digital Money Myanmar Limited (Wave Money) for USD 53 million (around NOK 470) to Yoma MFS Holdings Pte. Ltd, a subsidiary of Yoma Strategic. Wave Money is a mobile financial services provider in Myanmar which…
SYDNEY, AUSTRALIA: Spacetalk Ltd. (ASX:SPA) announceD that Telenor Group will range Spacetalk Adventurer on-line and in all of its Danish retail stores. Telenor is a leading Nordic telecommunications company and Denmark’s second largest mobile network operator with 1.7 million mobile subscribers. Across the Nordics and Asia, Telenor has 188 million customers and annual sales of…
OSLO, NORWAY: Telenor has agreed to divest Open Universe and the company’s fibre to the home (FTTH) accesses in the single dwelling unit (SDU) segment to Global Connect for a total consideration of NOK 3 billion. The sale includes around 200,000 ports in the open fibre neworks model and approximately 14,000 single dwelling unit fibre…
OSLO, NORWY: Telenor and C.P. Group have agreed to explore the creation of a new company comprising of dtac and True in Thailand. The transaction will create a company with around 55 mill customers and pro-forma revenues of around USD 6.9 bn in 2020. Telenor believes there will be significant opportunities in Asia coming from…
OSLO, NORWAY: Telenor Group and Charoen Pokphand Group (CP Group) are in discussions to explore a potential merger between the telecom operations of Total Access Communication PCL (dtac) and True Corporation in Thailand. There are open issues outstanding and there is no certainty that the discussions will result in a final agreement, a statement says….
OSLO: As part of it’s simplification programme, Telenor has decided to sell the headquarter office building at Fornebu, Norway (HQ) to NPRO Holding AS, a wholly owned subsidiary of Norwegian Property ASA (NPRO). The net purchase price will be approximately NOK 5 billion, which will be received on completion. As part of the transaction, Telenor…