Acquisitive Nordic telco giant Telenor has purchased Norwegian mobile network operator Talkmore for NOK135m (Euro17.5m). Talkmore’s revenues in 2006 were NOK178m. Talkmore will remain a separate brand and the company will continue as an operational entity with the same market focus. All employees will receive offers of continued employment in the company. “Talkmore operates within [...]
Vimpelcom, the number two operator in Russia, is in talks with private equity vehicle Altimo and Norway’s Telenor on buying their holdings in fixed-line operator Golden Telecom according to local reports. Vimpelcom is owned by Telenor (29.9 per cent) and Altimo (24.5 per cent). These two companies do not get along and the public spats [...]
The ongoing disputes between Nordic operators TeliaSonera and Telenor and Russian conglomerate Altimo continue to drag on, with speculation rising that TeliaSonera and Telenor could merge to better fight their corners. Since the Swedish government put its 45.3 per cent stake in TeliaSonera up for sale in December, Telenor has been closely linked as an [...]
Norwegian operator Telenor is the latest carrier to come forward with significant reductions on its roaming tariffs, promising cuts of up to 50 per cent for consumers and 40 per cent for businesses. Under the new tariffs, when Telenor customers are travelling in Europe, they will be charged one price whether they make calls to [...]
The GSM Association (GSMA) is inviting handset manufacturers to “submit proposals” to develop a low-cost 3G handset. The handset should, says the Association, be capable of sophisticated applications “that can support advanced services, such as high-speed Internet browsing, mobile TV and instant messaging, while costing significantly less than a low-end 3G handset today”. The 3G [...]
Tags;
Cingular Wireless,
Globe Telecom,
Hutchison,
KTF,
MTN,
Orange,
Smart,
T-Mobile,
Telecom Italia,
Telefonica,
telenor,
Europe,
News & Analysis
Norwegian operator Telenor has awarded Finnish manufacturer Nokia a global frame agreement for its cellular networks. Under the agreement, Nokia will supply Telenor with Nokia Hopper microwave radios to be used for transmission from both base stations and fixed applications when new sites are deployed, or an increase in capacity is needed. The agreement covers [...]
Norwegian telco Telenor acquired Serbia’s Mobi63 for $1.93bn in a public auction in Belgrade on Monday.Telenor won the auction by beating off bids from Austria’s Mobilkom and Egypt’s Orascom. Mobi63 was owned by the Serbian government and a consortium of Austrian investors. No ownership percentages were available. Telenor initially bid $1.658bn, around $600m more than [...]