Norway's first two Telenor stores open in Sandvika and Storo today. The stores will provide ordinary people with a better understanding of how communication technology can make life easier.
Bjørn Magnus Kopperud, Executive Vice President and Head of Telenor Group People & Organisation has been appointed Deputy Head of Telenor Central and Eastern Europe. He will take up his new position following today’s announcement and withdraw from the Group Executive Management.
On Wednesday Telenor launched the opportunity for charity donations via SMS in Norway. The Norwegian Red Cross is the first organisation to start using this new donation tool, in the work to help flood victims in Pakistan.
The Telenor Group and Opera Software announced a non–exclusive Global Framework Agreement aiming to stimulate rapid growth of mobile Internet services across Telenor’s business units. Telenor’s business units can co-brand, distribute and run the Opera Mini mobile browser across its mobile handset and subscriber portfolios. As a result, Telenor’s customers in all geographies will be able to enjoy a fast, affordable and user-friendly mobile web experience on their favourite handset.
In the second quarter of 2010, Telenor Group reported revenues of NOK 25.2 billion, representing an organic revenue growth of 5 per cent. The EBITDA margin in the second quarter of 2010 was 28 per cent, and operating cash flow margin was 16 per cent. Adjusted operating profit was NOK 2.9 billion. Telenor’s mobile operations added 5.4 million subscriptions during the quarter.