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Retail Asia13/10/2022

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 Thailand. “The strengthened team at our Singapore headquarters will add value to our operations and safeguard our regional interests. This […]

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Retail Asia04/07/2022

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 Malaysia to proceed to the Celcom-Digi merger. In his statement, Brekke said, “What Telenor is trying to build […]

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Retail Asia22/03/2022

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 been in chaos since a coup last year sparked huge protests and a bloody military […]

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Retail Asia10/02/2022

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 infringed and that families of activists in hiding will be put in harm’s […]

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Retail Asia18/01/2022

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 by a consortium of investors led by Yoma Strategic which remains […]

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Retail Asia24/11/2021

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. The new company will be a leading telecommunications service provider […]

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Retail Asia09/07/2021

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 implied enterprise value of approximately US$600 million USD. M1 Group will acquire all the shares in Telenor Myanmar […]

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Retail Asia06/02/2020

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 mobile operator in Thailand. He replaces Alexandra Reich, who is seeking new leadership opportunities. Hans […]

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Retail Asia28/01/2020

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 Affairs Officer in Telenor Myanmar, will become acting CEO after Mehrotra. Grameenphone’s Deputy CEO and CMO, Yasir Azman […]

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Retail Asia05/12/2019

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 users every single day. This transaction presents an attractive opportunity for us to take the next step […]

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Retail Asia11/10/2019

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 markets, namely those within Indonesia and Malaysia, in the next three to five years. Axiata is […]

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Retail Asia20/08/2019

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 years. 5G is the fifth-generation cellular network technology that offers faster data transfer speeds and […]

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Retail Asia17/07/2019

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 the Mobile World Congress (MWC) in Shanghai. His keynote at MWC, ‘Pioneers of Intelligent Connectivity’, also shed light on […]

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Retail Asia17/06/2019

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 video content from TikTok and Myanmar’s other most popular video apps – including YouTube, Viu […]

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Retail Asia24/05/2019

Malaysia-based Axiata Group has revealed it is in discussion to merge with Telenor’s Asian operations to create a regional powerhouse with total annual revenues of over 50 billion ringgit ($12.05 billion). Under the preliminary terms of the proposed merger of equals, Telenor would own a 56.5% stake in the merged company, while Axiata would take […]

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Retail Asia14/05/2019

Telenor Myanmar has announced it has nearly reached 100% of the nation’s townships with its LTE network, having rolled out over 6,100 LTE sites nationwide. The company’s LTE network now covers 307 townships, with the company having expanded to seven more townships during the first quarter. “Since the first quarter, the company has deployed 856 additional […]

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Retail Asia09/05/2019

Unilever has joined hands with Telenor Pakistan to enable digital and financial inclusion in Pakistan through mainstream access to digitalized retail services, digital financial solutions, digital products and skill enhancement across Pakistan. Through this collaboration, both companies will integrate their expertise in the telecom and consumer goods industries to build a digitally inclusive ecosystem. This […]

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Retail Asia11/04/2019

Telenor Group has appointed Irfan Khan, chief of Pakistan unit, as executive vice president and cluster head for the Norwegian telecom group’s emerging Asia operations, effective from April 1, 2019. Khan (pictured) succeeds Petter-Børre Furberg, who will take up a role as CEO of Telenor Norway and move out of the group’s executive management team. […]

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Retail Asia03/04/2019

Telenor Pakistan, the country’s leading telecom and digital services provider has partnered with Alibaba Cloud, the cloud computing arm of Alibaba Group, to become the authorized distributor of Alibaba Cloud products and services in Pakistan. The signing took place at Telenor Pakistan headquarters ‘345’ where Dr. Alex Li, General Manager, South Asia of Alibaba Cloud […]

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Retail Asia02/04/2019

Telenor Group today announced that effective 1 April, 2019, Irfan Khan, CEO of Telenor Pakistan, will assume additional leadership role as Telenor Group Executive Vice President and Cluster Head for Emerging Asia, joining Telenor Group’s Executive Management Team. “Irfan Khan is a valued leader within Telenor Group and has an accomplished history at Telenor Pakistan. […]

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