Telenor announced the appointment of Kaaren Hilsen, current CEO of Telenor Sweden, as CEO of Telenor Tower Holding.
Kaaren Hilsen will become the first CEO of Telenor Group’s newly established tower company. Telenor Telecom will be a holding company to handle all of Telenor’s tower activities in the Nordics.
Kaaren Hilsen will report directly to the Group CFO Tone Hegland Bachke.
“Tower infrastructure is a strategically important area for Telenor. We need a dedicated CEO and management team to drive value creation, and Kaaren is the right person to take on this challenge,” says Tone Hegland Bachke, EVP and CFO of Telenor Group.
Kaaren Hilsen has served as CEO of Telenor Sweden since 1 March 2019 and has since her appointment steered the company on a transformation journey modernising the company’s network, platforms and way of work as well as beginning the 5G rollout in Sweden.
Telenor is in the process of hiring Hilsen’s successor as CEO of Telenor Sweden.