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Norwegian government scraps plans to reduce stake in Telenor
2019-11-22 01:00:00| Total Telecom industry news
Norway's government has announced that it will abandon plans to reduce its stake in national telecoms operator, Telenor, following a policy U…read more on TotalTele.com »
Tags: government
plans
reduce
norwegian
Telenor merges classified ads ops 701Search with Singapore-based start-up Carousell
2019-11-21 09:47:00| Telecompaper Headlines
(Telecompaper) Telenor Group said it will merge its online classified advertisement business, 701Search, with Carousell in an equity and cash agreement. 701Search owns leading general classifieds sites Mudah in Malaysia, Chotot in Vietnam and OneKyat in Myanmar. Carousell operates in eight countries and is backed by Telenor, Rakuten Ventures, Sequoia Capital, Naspers, 500 Startups, Golden Gate Ventures, DBS and EDBI.
Tags: ads
classified
startup
ops
Telenor appoints Leinonen to head up its Nordic Cluster
2019-11-01 01:00:00| Total Telecom industry news
Telenor has appointed Jukka Leinonen as the head of its newly formed Nordic Cluster group. Leinonen, who also serves as the chief executive officer of Finnish telco DNA…read more on TotalTele.com »
Tags: head
cluster
nordic
appoints
Last week in media: NENT wins on Telenor tie-up, Twitter down on Q3 report, Verizon promotes Disney+, Sony's PS Vue for sale
2019-10-28 07:00:00| Telecompaper Headlines
(Telecompaper) It was a busy week in media, but the Telecompaper Global Media stock index nonetheless closed week 43 nearly unchanged (+0.1%). There was one big winner (NENT Group) and one big loser (Twitter). ProSieben attracted a new large shareholder, Walt Disney closed a major distribution agreement with Verizon and the NENT group teamed up with Telenor. Year-to-date, Snap Inc. still leads our index with a more than 150 percent gain. ComScore did well last week (+7.7%), but is still 86 percent below its closing price at the end of 2018.
NENT, Telenor to merge Nordic pay-TV businesses in 50-50 joint venture
2019-10-23 09:34:00| Telecompaper Headlines
(Telecompaper) Nordic Entertainment Group (NENT) has announced an agreement with Telenor Group to combine NENT's Viasat Consumer satellite pay-TV and broadband television operations with Telenor's Canal Digital satellite pay-TV arm. Each party will hold 50 percent of the joint venture, and Viasat Consumer customers will migrate to Telenor's platform. The venture's combined net sales amount to approximately SEK 7.6 billion with 1.26 million subscribers on 30 June.
Tags: businesses
joint
venture
merge
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