Categories
UK

Qatari Telecoms Firm Ooredoo Negotiating Exit From Myanmar: Report

Advertisement Reuters reported yesterday that the Qatari telecommunications firm Ooredoo is in talks to sell its Myanmar unit, a move that would deprive the country of its last foreign telecoms operator after the departure of the Norwegian firm Telenor earlier this year. Citing two people familiar with the matter, the news agency reported that Ooredoo […]

Categories
UK

Norway’s Telenor Q2 beat forecasts, eyes control on costs – ET Telecom

OSLO: Norwegian telecoms operator Telenor on Tuesday reported second-quarter earnings slightly above forecasts and reiterated its outlook, though it will try to bring rising costs under control in the second half of the year. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for April-June rose 1.2% year-on-year to 12.5 billion crowns ($1.24 billion), while […]

Categories
UK

Eltel signs 5G agreement in Norway worth EUR 36-40 million | MarketScreener

Eltel Norway has signed a project agreement with Telenor to further upgrade Telenor’s telecommunications network with 5G technology. The agreement is worth about EUR 36-40 million. The project runs during 2023-2024 and strengthens Eltel’s leading position in the Norwegian market regarding the expansion and modernization of telecommunication networks through 5G. For further information, please contact:Thor-Egel […]

Categories
UK

Norwegian software venture targets rising cyber attack risks – ET Telecom

By Divya Chowdhury DAVOS, Switzerland: Norwegian firms Telenor, Aker ASA and Cognite say a new software security company they plan to launch this year will help companies protect their industrial assets from an increased cyber attack risk since Russia’s invasion of Ukraine. “More and more (industrial) objects (are) being connected, and then you can add […]

Categories
UK

Telenor in Norway to buy power from 260-MW Swedish wind farm

May 5 (Renewables Now) – Telenor Infra AS, a telecom infrastructure provider in Norway, will be getting 330 GWh of power annually from a 260-MW wind farm in Sweden under a contract with renewables operator Hydro Energi AS. Telenor will buy electricity from the Stor-Skälsjön wind park, currently under construction in the Sundsvall and Timrå […]

Categories
UK

Opinion: The time for Norway to investigate the Telenor Myanmar sale is now

Telenor Group’s Asia head Jørgen C. Arentz Rostrup wrote in the Norwegian press earlier this month that the company’s decision to leave Myanmar was one made “with a heavy heart.”  It is a sentiment which, sadly, misses the point.  Telenor recently sold their Myanmar subsidiary to the Lebanon-based M1 Group—a package which included years of […]