Company Perspectives:
Telenor's imaginative and prescient is: Telenor--thoughts that simplify.
Telenor shall be a using pressure in renewing, developing and introducing new answers that simplify our customers' workday. Telenor's vision is demanding, setting an bold intention for the company and its man or woman employees. Renewal and simplification of our own structures and routines is a prerequisite for accomplishing competitive strength and added price.

Key Dates:
1855: The Norwegian Telegraph Administration (NTA) completes its first telegraph line.
1878: The first phone community is completed in Norway.
1901: NTA takes over the Christiania phone alternate and progressively becomes the dominant telephone offerings operator.
1966: NTA introduces the first manual cellular smartphone system.
1969: NTA launches its first statistics transmissions and changes its name to Norwegian Telecommunications Administration (Televerket).
1974: The final privately operated smartphone employer in Norway is received.
1981: The first automated cellular phone device is launched.
1992: The business enterprise expands into satellite broadcasting and transmission with the purchase of Thor satellite.
1993: The enterprise launches a GSM mobile network in Norway; the organization joins a consortium growing Pannon GSM in Hungary (later acquires complete manage).
1994: Televerket is transformed to a public agency.
1995: The organization modifications its name to Telenor.
1998: The Norwegian telecommunications market is deregulated; Telenor enters merger talks with Telia of Sweden.
1999: The merger attempt with Telia is abandoned.
2000: Telenor is privatized with the biggest ever public supplying in Norway; the company acquires a stake in Sonofon, in Denmark.
2002: The business enterprise opens a new centralized headquarters in Oslo; Utfors, in Sweden, is obtained.
2003: Telenor acquires complete manipulate of Sonofon.
2004: Tiscali's Norwegian operation is received; the corporation wins a license to build a GSM community in Pakistan.

Company History:
Telenor ASA is Norway's leading telecommunications organization. As the previous state-owned cellphone monopoly, Telenor remains the dominate provider of constant-line telecommunications services in the country. Fixed-line network operations keep to account for 35 percentage of the institution's revenues. Telenor also controls 56 percent of Norway's mobile cellphone marketplace, thru subsidiary Telenor Mobil. Yet the small size of its home marketplace has led Telenor to look some place else for growth, and inside the early 2000s, Telenor has emerged as one of the maximum geographically assorted of Europe's main telecom agencies. For its international growth, Telenor has focused specifically the cellular cellphone market. In Scandinavia, the business enterprise operates djuice, through subsidiary Telenor Mobile in Sweden, and owns Sonofon, the wide variety mobile service in Denmark. Beyond Scandinavia, the employer owns one hundred percentage of Hungary's Pannon GSM, that u . S . A .'s 2nd biggest cell provider issuer, and 100 percentage of Promonte, the main cellular service in Montenegro. Telenor also has entered Ukraine thru a 56.Five percentage stake in Kyivstar GSM; Russia, with a 29 percent stake in VimpelCom; and Austria, in which it owns 17.5 percentage of that united states's ONE cellular service. Further overseas, Telenor has entered Malaysia, thru a sixty one percent stake in that us of a's DiGi cellular telephone group; Bangladesh, with 51 percent of GrameenPhone; and Thailand, with a 40.3 percent stake in DTAC. Telenor additionally owns a license to roll out mobile smartphone service in Pakistan. Telenor's different operations consist of television broadcasting thru cable and satellite tv for pc. The company owns a hundred percentage of satellite tv for pc broadcaster Canal Digital. Telenor is led by CEO Jon Fredrik Baksaas and is indexed on the Oslo and NASDAQ Stock Exchanges. The Norwegian government holds greater than fifty three percent of the organisation however has passed regulation allowing its stake in Telenor to drop under forty nine percent. In 2003, Telenor published revenues of $7.9 billion.

Norwegian Telecom Origins inside the 19th Century

Norway, like its Scandinavian counterparts, emerged as one of the international's maximum technologically savvy markets on the start of the 21st century, boasting some of the very best penetration quotes for technologies which includes cellular phones, excessive-velocity Internet, and so on. Yet this represented extremely of a subculture for the u . S . A ., which had built its first telegraph line in 1855, and its first phone network, connecting Arendal and Tvedestrand, in 1878. By 1880, the united states already had its first phone organisation, The International Bell Company, which started out operating a cellphone network in Oslo. Within six months, the service had attracted 300 subscribers. International provider started inside the u . S . In 1893, linking Christiania and Stockholm.

For the maximum part, improvement of the united states's early cellphone grid become carried out through private agencies. In 1901, however, the country-owned Norwegian Telegraph Administration (NTA) made its first pass to set up manipulate over the sector, taking up the phone alternate serving Christiania. The NTA regularly took over the privately managed players in the market. Yet the remaining personal trade was absorbed into the NTA handiest in 1967, and the final privately owned smartphone business enterprise, Andebu Telephone Association, have become part of the NTA simplest in 1974.

By then, NTA had pointed the way in the direction of Telenor's destiny cell cellphone interests. In 1967, Norway introduced one of the world's first cell smartphone structures, an analog-based, manually operated gadget. Two years later, after the NTA inaugurated Denmark's first records transmissions, the NTA changed its name, to Televerket, in any other case called Norwegian Telecommunications. With the purchase of Andebu, Televerket gained manage of the monopoly on telephone and telecommunications services, a function it retained till the Nineties. Nonetheless, the manner of deregulating the Norwegian market started out as early because the overdue 1980s, when Televerket lost its monopoly on the sale of phone handsets in 1988.

Expansion inside the 1990s

By then, however, Televerket had launched what changed into to come to be its maximum dynamic operation on the onset of the 21st century. In 1981, the country-owned organization have become one of the first within the international to roll out automated cell smartphone offerings, launching its Norwegian Mobile Telephone subsidiary, or NMT. By the start of the next decade, Televerket had all started guidance to release a new era of cellular telephone service, based totally on the GSM protocol soon to be followed during Europe.

Televerket released its GSM carrier in 1993. By then, the organization also had elevated into television broadcasting, with the purchase of the Thor satellite tv for pc a year in advance. The move enabled Televerket to grow to be the dominant company of satellite tv for pc-primarily based broadcasting within the Scandinavian place. The agency also started out restructuring beforehand of the Norwegian telecommunication marketplace's deregulation and its destiny privatization. The restructuring attempt required a few four years to complete, and included Televerket's transformation from a country-owned corporation to a public agency in 1994.

In the meantime, Televerket had started to leverage its early experience in cellular telephony and with the GSM protocol in particular. In 1993, the employer joined the consortium setting up the Pannon GSM mobile cellphone community in Hungary. Televerket's initial percentage of Pannon GSM stood at simply 14 percentage. Over the subsequent decade, however, the agency boosted its stake inside the Hungarian company, which claimed the quantity two percentage in that marketplace, to a hundred percentage manipulate. The employer also obtained a thirteen percentage stake in Northwest GSM, which released mobile telephone offerings in St. Petersburg in 1995.

Televerket modified its call to Telenor in 1995 because it prepared to extend its international operations. In 1995, the corporation received a license for organising a GSM-primarily based cell community in Montenegro. For the Montenegro license, Telenor joined the European Telecom Luxembourg (ETL) consortium, which also blanketed W-Com Investments, Westsouth Telecom, and TopStar Shipping and Trading. ETL then shaped a joint venture with Montenegro's PTT to launch ProMonte, the united states of america's first and largest cellular telephone provider, which became operational in 1996.

The following yr, Telenor bought a fifty one percent stake in GrameenPhone, in Bangladesh. That organization were granted a license to build a GSM-primarily based network in Bangladesh in 1996, and by means of 1997 had launched commercial mobile smartphone offerings inside the u . S .. Into the 2000s, GrameenPhone remained the simplest cell phone company presenting nationwide coverage in Bangladesh.

Telenor continued looking for deals as the full deregulation of its domestic market approached. The employer joined consortiums acquiring licenses and building GSM-based networks in Germany, Ireland, Greece, and Austria in 1997 on my own. In that yr, Telenor additionally boosted its satellite tv for pc television division, thru an alliance with NetHold BV/Canal Plus that in the end led to Telenor acquiring a stake, then full manage of Canal Digital in 2004.

Mid-Sized Telecom Group in the 2000s

The complete deregulation of the Norwegian marketplace turned into completed in 1998. Telenor soon started out an attempt to reposition itself amongst Europe's main telecom corporations. In 1998, the agency started out negotiating with Swedish counterpart Telia for a merger of the two companies. The aggregate of the two organizations held a first rate deal of promise and became greeted enthusiastically, except by way of the Norwegian and Swedish governments and, certainly, with the aid of Telenor and Telia themselves.

The preliminary round of talks quickly broke down. In 1999, the two sides tried again, and this time came so far as to announce an actual merger settlement. Yet the merger by no means materialized, as a selection of factors, not least of which changed into countrywide satisfaction, appeared to have doomed the merger from the outset. Hopes remained robust that the 2 agencies might eventually training session their differences. The merger among Telia and Finland's Sonera in 2002, but, positioned an cease to those hopes as nicely.

Despite the disintegrate of the Telia merger, Telenor pushed ahead with its public imparting, list on the Oslo inventory change and the NASDAQ. As part of the offering, the most important ever in Norway, the Norwegian authorities decreased its conserving to seventy seven percent and later handed regulation permitting it to lessen its stake to beneath 49 percentage with a view to facilitate Telenor's capacity to make go-border deals. The authorities persisted to lessen its stake into the 2000s, attaining less than fifty three percentage by way of the end of 2004.

Telenor have become an active deal-maker in the 2000s. After a adverse takeover attempt for Ireland's Esat institution failed, the business enterprise became as a substitute to Denmark, where it acquired majority manipulate of the usa's 2d biggest cellular carrier company, Sonofon, for DKK 14.7 billion ($1.9 billion). The corporation additionally entered Thailand, acquiring a 30 percent stake in TAC/UCOM. These purchases came on pinnacle of Telenor's access into Malaysia, wherein it had bought a 33 percentage stake inside the us of a's DiGi mobile community in 1999.

Telenor started restructuring its holdings in 2001, selling off its minority stakes in Germany and Ireland, in addition to its function in Northwest GSM. Telenor also sold off some of noncore holdings, inclusive of its Telenor Media directories busi-

A turning factor in Telenor's conversion from government frame to publicly held business enterprise came in 2002, when Telenor opened its new headquarters. Where the previous Telenor's workplaces had been scattered among a few 35 sites throughout Oslo, the new headquarters added extra than 6,000 of the corporation's employees collectively into a unmarried web page. The pass to new headquarters coincided with the naming of Jon Fredrik Baksaas as the organization's CEO.

After obtaining a majority stake in Ukraine's Kyivstar in 2002, Telenor back to its home area, acquiring suffering Swedish telecom group Utfors for SEK 264 million ($30 million). The following yr, Telenor took complete manipulate of Sonofon, buying out the stake held through BellSouth. The organisation additionally lower back to Russia, now acquiring a stake in VimpelCom, the u . S . A .'s range cell cellphone company. By 2004, Telenor's stake in VimpelCom had increased to 29 percentage.

Telenor's enlargement persisted into 2004, with the formation of the Starmap alliance with nine cellular provider vendors in Europe. The employer additionally gained a license to introduce GSM-based totally offerings in Pakistan that 12 months. At home, the organisation acquired the Norwegian Internet operations of Italy's Tiscali, then bought up the Swedish Internet group Spray's corporate Internet clients on the stop of the yr. Telenor closed out 2004 with the acquisition of an additional stake in GrameenPhone, boosting its position to sixty two percent of the Bangladesh operator. Telenor had efficaciously transformed itself from a single-u . S . A . Monopoly into a fast-developing global cell telecommunications institution.

Principal Subsidiaries: Canal Digital; GrameenPhone (Bangladesh; 51%); Kyivstar GSM (Ukraine; fifty six.51%); ONE (Austria; 17.5%); Pannon GSM (Hungary); Promonte (Montenegro); Sononfon (Denmark); Telenor Mobil; Telenor Mobile (Sweden); Telenor Pakistan; VimpelCom (Russia; 29%).

Principal Competitors: Deutsche Telekom AG; Vivendi Universal S.A.; Vodafone Group PLC; France Telecom S.A.; TRACTEBEL S.A.; Nokia Corporation; Telefonica S.A.; Royal KPN N.V.; TDC A/S.

>Further Reading:

Brown-Humes, Christopher, "Telenor Sale Set to Raise Dollars 1bn," Financial Times, July 1, 2003, p. 29.

Brown-Humes, Christopher, and Claire MacCarthy, "Telenor Agrees to Take Control of Sonofon," Financial Times, December 11, 2003, p. 35.

Criscione, Valeria, "Big Cross-Border Deal Still Eludes Telecom Operator," Financial Times, October 26, 2001, p. 2.

------, "Boss Acts to Scrap Division of Labour," Financial Times, April 29, 2002, p. 29.

"Telenor," Financial Times, February 14, 2004, p. 16.

"Telenor Acquires Tiscali's Norwegian Branch," Wireless News, August 29, 2004.

"Telenor ASA Acquires Additional Shares," Nordic Business Report, December 29, 2004.

"Telenor of Norway Reaffirms Commitment to Thai Cellular Operator," Knight Ridder/Tribune Business News, November 26, 2004.
Source: International Directory of Company Histories, Vol.Sixty nine. St. James Press, 2005.

BAGHALI

Wednesday, August 15, 2018

Telenor Network Company History.

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