Telenor CEO Sigve Brekke assumes charge

Telenor CEO Sigve Brekke

Telenor CEO Sigve Brekke on Monday assumed charge to take the telecom operator to the next level.

Brekke replaced Jon Fredrik Baksaas, president and CEO of Telenor, who left the company after working for the telecom giant for 13 years.

Telenor has ambitious plans to grow its data business.

Telenor focus areas

More than 50 percent of customers in Norway now have 4G enabled phones and the median data consumption increased 125 percent in Q2 2015. This resulted in a 6 percent growth in mobile service revenues.

Telenor invested heavily in mobile network in Norway — achieving 90 percent population coverage on 4G. Telenor is targeting 95 percent population coverage for its 4G network in Norway. It is also investing to expand the geographical coverage on 4G.

In Hungary, the strategy for 4G network sharing with Magyar Telekom gained traction during the quarter.

In Thailand, Telenor is investing in data network to improve the high quality of 3G and 4G coverage with an ambition of taking a leading position in urban areas.

In Myanmar, Telenor added 3.1 million subscribers and achieved 9.5 million by end of June. 55 percent of subscribers are already active data users. Telenor has more than 2,003 network sites — connecting to 113 townships which are nearly two-thirds of all townships in the country.

In Bangladesh, Telenor added 1.1 million subscribers. Grameenphone increased the 3G population coverage from 51 percent to 59 percent during this quarter.

In India, Telenor added 1.3 million subscribers to expanded network.

Baburajan K
[email protected]

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