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Telenor, the Nordic telecom operator, has confirmed its departure from the Thai telecom sector. After a quarter of a century presence in the country, the company is selling its majority stake in True Corporation. This development is part of Telenor’s…
The Telenor Group, a leading global telecommunications company, recently finalized its sale of Telenor Pakistan to Pakistan Telecommunication Company Limited (PTCL), a member of the international technology conglomerate e&. The transaction, first announced on…
Telenor Group has announced the formation of Telenor Asia, a more independent regional entity with headquarters in Singapore. Telenor Asia will take on full oversight and responsibility for the company’s operations in Bangladesh, Malaysia, Pakistan and…
Telenor Group’s CEO, Sigve Brekke, stressed that they are aiming to deliver a new technology firm in Thailand’s telecom sector by collaborating with other international companies. This comes after Telenor and Axiata were granted regulatory approval in…
Myanmar’s junta has approved the sale of Norwegian telecoms giant Telenor’s Myanmar subsidiary to Lebanese conglomerate M1 Group, in a move activist groups warn could put sensitive customer data in the hands of the military. The Southeast Asian nation has…
The sale of Telenor’s Myanmar subsidiary could place the personal data of its 18 million customers in the junta’s hands. As Telenor finalizes the sale of its Myanmar business to a military-linked group, concerns have been raised that sensitive data will be…
Telenor Group and Yoma Strategic have entered into an agreement to sell Telenor Group’s 51% share of Digital Money Myanmar Limited (“Wave Money”) for USD 53 million to Yoma MFS Holdings Pte. Ltd, a subsidiary of Yoma Strategic. This subsidiary is to be funded…
C.P. Group and Telenor Group are exploring the creation of a new telecom-tech company comprising of True and dtac. The new company will be a merger of equals, and bring the best of the two local companies, with the support of its key sponsoring shareholders.…
Telenor Group has entered into an agreement to sell 100 percent of its mobile operations in Myanmar to M1 Group for a total consideration of US$105 million USD, of which US$55 million is a deferred payment over five years. The transaction corresponds to an…
Telenor Group has announced its new Chief Executive Officers in three of its Asian subsidiaries- Telenor Myanmar, dtac in Thailand and Grameenphone in Bangladesh. Sharad Mehrotra, CEO of Telenor Myanmar, has been appointed the new CEO of dtac, Telenor Group’s…
Sharad Mehrotra, CEO of Telenor Myanmar, has been appointed the new CEO of dtac, Telenor Group’s mobile operator in Thailand. He replaces Alexandra Reich, who is seeking new leadership opportunities. Hans Martin Hoegh Henrichsen, currently Chief Corporate…
701Search owns leading general classifieds sites Mudah in Malaysia, Chotot in Vietnam and OneKyat in Myanmar. Johan Rostoft, Head of Online Classifieds at Telenor Group, said “We have built a profitable and high-growth marketplace business serving millions of…
Two weeks after the abrupt cancellation of the mega-merger proposal between Axiata Group Bhd and Telenor, President and CEO of Axiata Group Jamaludin Ibrahim has made it clear that the company would begin focusing on forming partnerships with competitor…
Taking another stride towards network transformation and digitalization, Telenor Pakistan and its network partners have geared up to make the network 5G ready to pass on the benefits of this transformative technology to the people of Pakistan in the coming…
Telecommunications has accelerated development of key sectors, spurring economic growth and opening countless avenues to empower individuals and societies, said Irfan Wahab Khan, Head of Telenor Group’s Emerging Asia Cluster and CEO of Telenor Pakistan, at…
Telenor Myanmar has become the market’s first official partner for short-form video sharing platform TikTok, and introduced a new mobile data plan to support the partnership. The operator has introduced the new Sate Kyite Kyi plan, which will offer mobile…
