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Telenor suspends four execs over Vimpelcom
telenor

Telenor suspends four execs over Vimpelcom

Telenor on Wednesday suspended its finance director, legal head, and two other executives, as part of its deepening internal investigation into possible complicity with alleged corruption at VimpelCom, the Russian telecoms group.
Telenor CEO was behind chairman exit
corruption

Telenor CEO was behind chairman exit

The incoming chief executive of Norwegian telecoms company Telenor himself uncovered the suspicious information that forced the resignation of the company’s chairman on Friday, Norway’s VG newspaper has reported.
Telenor shares slump on poor Thai figures
telenor

Telenor shares slump on poor Thai figures

Norwegian phone giant Telenor has reported disappointing profits on the back of high costs and squeezed margins in its fast-growing Asian business, sending its shares down more than 6.4 percent by the end of trading on Wednesday.
Norway kick-starts $8bn state stake sale
telenor

Norway kick-starts $8bn state stake sale

Norway's government on Thursday announced plans to sell off a 47 billion Norwegian kroner ($7.8 billion) tranche of shares in mobile phone giant Telenor and the industrial conglomerate Kongsberg Gruppen.
Thai junta threatens Telenor on Facebook
facebook

Thai junta threatens Telenor on Facebook

Thailand's military junta has threatened to block Norway's Telenor from bidding in the country's upcoming 4G auctions in retaliation for revealing that it was ordered to block Facebook in the immediate aftermath of last month's military coup.
Telenor 'ready' for Myanmar challenges
telenor

Telenor 'ready' for Myanmar challenges

The head of Telenor kept relatively mum about developments in Myanmar, where the Norwegian telecom company has been awarded a licence that will move forward after law reform in the Asian country.