SHARE
COPY LINK

TELENOR

Telenor anoints Asia head as new chief exec

Norway’s Telenor has appointed its Asia head Sigve Baksaas as its new chief executive, rejecting calls for it to put one of its several high-powered female executives in the role.

Telenor anoints Asia head as new chief exec
Telenor's new chief executive Sigve Baksaas. Photo: Telenor
“It is a great honour,” Brekke said in a press release announcing his appointment. “We are poised to capture value from the opportunities arising from  strong demand for internet services and I look forward to executing our strategy together with our 33,000 employees.” 
 
Telenor chairman Svein Aaser praised Brekke’s “solid track record” and “leading role in our Asia success story”. 
 
“His vast international experience and leadership capabilities will be of great value as the company continues is profitable growth journey,” he said. 
 
Brekke, 55, is scheduled to take over from the present chief executive Jon Fredrik Baksaas by 17 August 2015.  He will be paid a base salary of nearly six million Norwegian kroner. 
 
Monica Mæland, Norway's industry minister in March suggested that Telenor would do well to choose one of the two prominent female candidates for the job, helping to make up for the dearth of women in the top jobs of Norwegian companies. 
 
But Brekke was always seen as the front runner, although Berit Svendsen, 51, the chief executive of Telenor Norway and Hilde Tonne, the head of group industrial development, previously Brekke's deputy in Asia, were also contenders. 
 
Telenor’s Asia business now represents more than 40 percent of Telenor’s total enterprise value, after entering India, Bangladesh, Thailand, Myanmar, and Pakistan. 
 
Aaser praised Baksaas as “one of the most important industry leaders in Norway in modern times”. 
 
“Jon Fredrik Baksaas has internationalised Telenor and transformed us into a modern, world-class telecom company,” he said.  
 
Basks said that Brekke was “the perfect candidate” to head the company. 
 

SAMI

Today in Norway: A roundup of the latest news on Tuesday

Found out what’s going on in Norway on Tuesday with the Local’s short roundup of important news.

Today in Norway: A roundup of the latest news on Tuesday
The northern lights in Tromsø. Photo by Lightscape on Unsplash

One in ten international students in Norway has had Covid-19

Ten percent of overseas students studying in Norway, compared to just 2.9 percent of Norwegian students, have had Covid-19, according to the Students Health and Well Being Survey (SHoT).

Some 62,000 thousand of Norway’s 300,000 students responded to the survey.

READ MORE: Are Norway’s Covid-19 numbers on track for reopening?

Overall, nearly three percent said that they been infected with the Coronavirus, just over half have had to self isolate, and 70 percent took tests.

Woman in her 40’s charged with murder

A woman has been charged with murder in Halden, southeast Norway after a body was found in an apartment in the towns centre.

She will be questioned on Tuesday. A public defender has been appointed. 

Six police cars attended the scene at a small housing association in the centre of Halden.

A person found in the same apartment is being questioned as a witness.

Network provider Telenor’s revenues down 2.1 billion kroner compared to last year

Telenor’s revenues are down 2.1 billion in the first quarter and the company has written of its 6.5 billion kroner investment in Myanmar following Februarys military coup.

The mobile network operator became one of the first foreign providers in the country and had gained a 35 percent market share.

However, the country’s new military regime shut down the mobile network on March 15th.

“In Myanmar, we are experiencing a confusing and uncertain situation. We are deeply concerned about the development in the country,” The company stated in its quarterly report.

Norway and Sweden in reindeer border dispute

Swedish Sami reindeer herders will appear in court this week in a case against the Ministry of Agriculture and Food.

The Swedish Sami herders believe they have exclusive rights to grazing areas across the Norwegian border because they have lived in the surrounding area for hundreds of years. The Norwegian government rejects these claims.

The reindeer grazing convention will be central to the case; the convention facilitates mutual cross-border grazing for reindeer herds.

Sweden withdrew from the convention in 2005. However, Norway enshrined the convention in law in 2005.

483 Coronavirus infections recorded

On Monday, 483 new cases of Covid-29 were registered, an increase of 75 compared to the average of the previous week.

READ ALSO: Norway considers lifting measures for people who have had their first Covid vaccine 

This is down from 1150 cases registered during the peak of Norway’s third wave on March 16th.

This is partly because fewer infections are registered during weekends and public holidays, causing an uptick on Mondays.

SHOW COMMENTS