Telenor Satellite has announced that its acquisition by Space Norway has been ratified following approval from the Norwegian Parliament. The transaction was closed with the formal signing of the agreement on January 4th. The purchase by Space Norway gives Telenor Satellite an industrial owner with the relevant strategic focus to realise the company’s potential in […]
Agama Technologies, a specialist in video observability and analytics for service quality and customer experience, and THEO Technologies, a provider of video playback and real-time streaming technology, have announced an expanded partnership to deliver best-in-class video streaming experiences cross-platform, on the web, mobile, smart TVs, and more. This solution combines THEO’s video playback technology – […]
Telenor Group has announced the sale of its Pakistan telco operations to Pakistan Telecommunications Company (PTCL), which is part of technology and investment group e&. PTCL’s major assets include Ufone, a mobile operator in Pakistan with over 20 million customers. The sale is part of Telenor’s strategy to build scale and players in Asia, as […]
Telenor, which has been looking to dispose of its satellite division for some years, has finally announced a buyer in the shape of Norwegian government-owned business, Space Norway. Space Norway paid NOK 2.36 billion (about €200 million) for the three satellites in Telenor’s fleet which operate from 1 degree west. Telenor’s satellite division generated revenues […]
Norwegian telco Telenor has reported Q3 earnings above expectations, supported by growing mobile service revenue and lower energy prices in the Nordics, and narrowed its full-year projections. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for July-September rose 1.5 per cent on an organic basis to NOK 9.3 billion (€788.7m). “Third quarter was a […]
Telia Company, the Swedish multinational telco, has announced that its Board of Directors has appointed Patrik Hofbauer as President and CEO, effective February 1st 2024. Hofbauer currently CEO of Svenska Spel, has extensive experience from previous leadership positions in telecommunications and media. Telia Company’s Board initiated a search for a new CEO after the previously […]
Telenor, the Norwegian multinational telco, has reported Q2 service revenue of NOK 15.8 billion (€1.42bn), an increase of NOK 0.8 billion or (5 per cent) compared to the same period last year. On an organic basis, service revenues increased by 4 per cent. EBITDA before other items was NOK 8.8 billion and increased by 4 […]
SoftAtHome, an independent software company for broadband, video, and analytics, has announced the deployment of Telenor’s latest home gateway and repeater. The new devices – available immediately to subscribers – are powered by MediaTek Filogic Wi-Fi technology. SoftAtHome’s Connect’ON ensures connectivity and Quality of Service using either fibre or 5G networks. At the same time, […]
The Swedish TV operator Telenor has deployed Teleste’s Argus Luminato Manager to manage its edge QAM devices. The operator has been using Teleste’s Luminato 4X4 headend as an edge QAM platform since 2021, and the new software now helps it carry out the management of the devices remotely. In order to ensure excellent broadcast TV […]
Telenor has closed the transaction to divest 30 per cent of Telenor Fiber 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 (€3.3bn) for the Norwegian fibre business which had a […]