Telenor
IPTV Telegraphy | |
Revenue | 80.5 billion kr (2023)[1] |
---|---|
21.5 billion kr (2021)[1] | |
4.6 billion kr (2021)[1] | |
Total assets | 225.7 billion kr (2021)[1] |
Total equity | 26.3 billion kr (2021)[1] |
Owner | Government of Norway (54%) |
Number of employees | 11,000 (2023)[1] |
Website | https://www.telenor.com |
Telenor ASA (Norwegian pronunciation: [ˈtêːlənuːr] or [tɛləˈnuːr])[2] is a Norwegian majority state-owned multinational telecommunications company headquartered at Fornebu in Bærum, close to Oslo. It is one of the world's largest mobile telecommunications companies with operations worldwide, but focused in Scandinavia and Asia. It has extensive broadband and TV distribution operations in four Nordic countries, and a 10-year-old research and business line for machine-to-machine technology. Telenor owns networks in 8 countries.[3]
Telenor is listed on the Oslo Stock Exchange and had a market capitalization in November 2015 of kr 225 billion, making it the third largest company listed on the OSE after DNB and Equinor (previously known as Statoil).[4]
History
Telegraph
Telenor started off in 1855, as a state-operated
Telephone
The first telephone service in Norway was offered in 1878, between Arendal and Tvedestrand, while the first international telephone service between Christiania and Stockholm was offered in 1893. Automation of the telephone system was started in 1920, and completed in 1985. In 1946, the first Telex service was offered, and in 1976, satellite telephone connections to the Norwegian merchant navy, at the time the largest in the world and to oil platforms in the North Sea were made operational. This is the start of Inmarsat Satellite Communication, and formed the first steps to digitalise the telephone network in 1980–1985.[6]
Televerket opened its first
Deregulation and internationalisation
The corporation changed its name to Televerket in 1969. In 1994, then the Norwegian Telecom was established as a
In the second half of the 1990s, Telenor began mobile operations in other countries: Russia (1994), Bangladesh, Greece, Ireland, Germany and Austria (1997), Ukraine (1998), Malaysia (1999), Denmark and Thailand (2000), Hungary (2002), Montenegro (2004), Pakistan (2004), Slovakia, Czech Republic, Serbia (2006), Myanmar (2014). Operations in Greece, Ireland and Germany were sold in 1999/2000, and profits were re-invested in emerging markets. In October 2005, Telenor acquired Vodafone Sweden, changing the name to Telenor in April 2006.
Grameenphone was the first Telenor venture in the Asian telecom market and is now the largest mobile operator in Bangladesh, Telenor holds 55.8 per cent of the company. Grameenphone started trading its shares on the stock exchanges in Dhaka and Chittagong on 16 November 2009. The success of Grammeenphone lead to an increased focus on Asia, with successful entries into Malaysia, Thailand Pakistan, and Myanmar. Telenor also entered India, but had to withdraw from that market in 2017, with substantial losses.
In March 2018, Telenor sold its business in Southeast Europe (
In 2019, Telenor bought DNA, the third largest mobile operator in Finland.[13]
On 21 June 2021,
On 22 November 2021, Telenor and
Operations
Telenor offers a full range of telecommunication services in the Nordic countries, including mobile and fixed telephony, Internet access and as well as cable TV access and content. Telenor still remains the largest actor in Norway despite competition from
The group holds a prominent position in the Scandinavian Broadband and TV market, both with regard to the number of subscribers and to the extent of coverage. The TV distribution is branded Allente. Telenor is also a prominent actor in Asia with operations in five different Asian countries.
At year-end 2021, Telenor held controlling interests in mobile operations in Norway, Denmark, Finland, Sweden, Thailand, Malaysia, Bangladesh, Myanmar and Pakistan. The Myanmar operation was announced sold in 2021, and the transaction completed in March 2022.
Country | Operator | Native name | Ownership stake | 2019 revenue (million NOK) |
---|---|---|---|---|
Norway | Telenor Norway | Telenor | 100 percent | 28 658 |
Denmark | Telenor Denmark | Telenor | 100 percent | 4 871 |
Finland | DNA | DNA | 100 percent | 3 433 |
Sweden | Telenor Sverige | Telenor | 100 percent | 12 857 |
Bangladesh | Grameenphone | গ্রামীণফোন | 55.8 percent | 14 980 |
Malaysia | CelcomDigi | celcomdigi | 33.1 percent | 13 572 |
Pakistan | Telenor Pakistan | ٹیلی نار پاکستان | 100 percent | 6 033 |
Thailand | True Corporation | ทรู คอร์ปอเรชั่น | 30 percent | 22 994 |
Research
Telenor Research is Telenor's corporate unit for research. The unit conducts research and delivers research based advice on topics such as market, technology, data analytics, innovation and organization. Telenor Research provides research based analysis and strategic recommendations to the Telenor Group, as well as to the individual Business Units across Telenor markets. Telenor Research's mission is to create business value for Telenor through applied research.
Machine-to-machine
Telenor started exploring the
Broadcast
Telenor's wholly owned subsidiary Canal Digital is a leading TV content distributor in the Nordic region with about 2.7 million customers in 2011.[28] On 13 April 2021, the merger of Canal Digital and Viasat in Allente was completed.
Telenor also operates the national terrestrial broadcast network in Norway, through its subsidiary Norkring.
Thor is a family of satellites owned by Telenor. On 11 February 2008, the THOR 5 satellite was launched into geostationary orbit. The launch was provided by International Launch Services using a Proton-M launch vehicle built by Khrunichev Space Center.[29] Telenor operates three satellites from its satellite control centre at Fornebu (THOR5, THOR6 & THOR7)[citation needed]
Former operations
Telenor has sold a number of divisions after its privatisation, including Bravida, in 2007.
Telenor has also previously been active in a number of international markets as a mobile phone network operator:
Country | Year of entry | Year of exit |
---|---|---|
Greece | 1997 | 2019 |
Ireland | 1997 | 1999 |
Germany | 1997 | 2020 |
Slovakia | 1998 | 2005 |
Czech Republic | 1998 | 2005 |
Austria | 1997 | 2007 |
India | 2009 | 2018 |
Serbia | 2006 | 2017 |
Montenegro | 2004 | 2008 |
Bulgaria | 2013 | 2017 |
Hungary | 2002 | 2017 |
Russia | 1994 | 2022 |
Ukraine | 1998 | 2019 |
Myanmar | 2014 | 2021 |
See also
- COMSAT mobile communications
- AeroMobile
- Opera Software ASA
References
- ^ a b c d e f "Annual Report 2021" (PDF). Telenor. pp. 3, 74, 76. Retrieved 14 May 2022.
- ISBN 978-0-19-823765-5.
- ^ Global presence - Telenor website. Retrieved October 23, 2017.
- ISBN 82-521-5184-1
- ^ "Telenor: Om Telenor > Virksomhet > Historie > Kronologi". Archived from the original on 2006-08-23. Retrieved 2006-08-23.
- ^ "Telenor: Om Telenor > Virksomhet > Historie". Archived from the original on 2006-08-19. Retrieved 2006-08-27.
- ^ Sengupta, Debjoy (9 December 2010). "Opera is the oldest browser, and it is still surviving: Jon Tetzchner, founder, Opera software". The Economic Times.
- ^ "Telenor and Huawei Conduct Successful Test of 5G with 70 Gbps Speeds". 20 November 2021.
- ^ "Telenor: Telenor Satellite Services (TSS)". sky-brokers.com.
- ^ "Telenor Group | Major Shareholdings". Archived from the original on 2015-09-12. Retrieved 2014-11-18.
- ^ Dagenborg, Joachim; Knudsen, Camilla (21 March 2018). "Norway's Telenor exits central Europe with $3.4 billion asset sale to Czech investor PPF". reuters.com. Retrieved 21 March 2018.
- ^ "Telenor buys majority stake in Finland's DNA for $1.7 billion". Reuters. 9 April 2019. Archived from the original on 2022-01-11.
- ^ "Axiata, Telenor and Digi Sign Transaction Agreements for the Proposed Merger of Celcom and Digi". Axiata. 21 June 2021. Retrieved 21 June 2021.
- ^ "Axiata and Telenor in Advanced Discussions to Merge Celcom and Digi". Axiata. 8 April 2021. Retrieved 21 June 2021.
- ^ "Axiata, Telenor, Digi sign agreements to merge Malaysian mobile ops". The Star. 21 June 2021. Retrieved 21 June 2021.
- ^ Axiata shareholders approve proposed Celcom-Digi merger
- ^ Digi gets shareholders' green light for proposed merger with Celcom
- ^ Axiata, Telenor complete Celcom-Digi merger
- ^ Axiata, Telenor announce completion of Celcom-Digi merger
- ^ Axiata and Telenor Announce the Successful Completion of the Celcom and Digi Merger
- ^ Historic merger marks new chapter in Malaysia’s digitalisation journey: “We are in pole position.”
- ^ "A deep dive into the TRUE/DTAC merger in Thailand". Yozzo.com. Retrieved 2022-01-06.
- ^ Thai telecoms regulator allows $7.3bn True-DTAC merger
- ^ Merged True-DTAC to be called True Corp
- ^ "IoT solutions 500+ networks 200+ countries". Telenor Connexion. Retrieved 2021-10-24.
- ^ "European Nissan Leaf gets always-on connection, lets you turn up the AC wirelessly".
- ^ Svensker vil kjøpe Canal Digital E24 Næringsliv. 1 September 2011. Retrieved 16 November 2013 (in Norwegian)
- ^ "ILS Proton successfully launches THOR 5 satellite". ILS. Archived from the original on 2008-02-26.
- ^ Triton says sells Sweden's Bravida to Bain Capital Reuters, 12 May 2012. Retrieved 15 November 2013
- ^ Arild Færaas (26 May 2012) Amerikanske medier: Facebook vurderer å kjøpe opp Opera Aftenposten. Retrieved 16 November 2013 (in Norwegian)