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Telenor Group makes changes to executive management team
2015-10-12 08:56:00| Telecompaper Headlines
(Telecompaper) Telenor Group made changes to the structure of its executive management team. All 13 markets will be represented to ensure faster execution of the group strategy and a closer connection to the customers. In addition, the Markets and Technology functions were established. The initiatives and partnerships in the digital arena will be gathered in a dedicated digital business area to better explore positions in new adjacent businesses. The new executive management team reflects the Group's international footprint with nine members in the new team being non-Norwegians.
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Telenor CEO shuffles management, names new India head
2015-10-12 02:00:00| Total Telecom industry news
Brekke appoints new management team to better reflect telco's international footprint, position it for potential expansion into adjacent businesses.
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Telenor to sell VimpelCom stake; Q3 impairment NOK 7.5 bln
2015-10-05 11:45:00| Telecompaper Headlines
(Telecompaper) Telenor Group said it is to divest its entire 33 percent stake in VimpelCom and fully focus on creating value in its core operations. Svein Aaser, chairman of Telenor's board of directors said its minority stake and lack of ability to fully control Vimpelcom had been challenging. As a result of today's announcement, Telenor will not convert its VimpelCom preference shares into common shares.
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UPDATE 2-Norway's Telenor puts $2.3 bln Vimpelcom stake up for sale
2015-10-05 10:48:17| IT Services - Topix.net
Norwegian telecoms firm Telenor wants to sell its 33-percent stake in Vimpelcom , currently valued at $2.3 billion, the latest move by a Nordic telecoms firm to sever ties with a business facing a bribery investigation. Last month Swedish telecoms company TeliaSonera said it would leave seven nations in Asia and eastern Europe after years of probes into alleged corruption linked to local partners and problems accessing cash.
Telenor to Sell $2.4 Billion Stake in Carrier VimpelCom
2015-10-05 09:08:01| Telecom - Topix.net
VimpelCom Ltd., exiting the third-biggest Russian wireless carrier after 16 years to focus on markets such as the Nordic region. said Monday it will explore all options for the 33 percent stake in the mobile-phone company co-owned by Russian billionaire Mikhail Fridman.
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