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Norway's Telenor reports mixed second-quarter results

OSLO, July 23, 2008 (AFP) - Norwegian Telecommunication group Telenor posted mixed second-quarter results on Wednesday, reporting a rise in sales but revising down its outlook for its full-year revenues.

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Norway's Telenor reports 2007 profit gain, but outlook disappoints

OSLO, Feb 13, 2008 (AFP) - Norwegian Telecommunication group Telenor reported a 13-percent gain in net earnings for 2007 on Wednesday but fell short of market expectations for 2008.

Shares in the company, the says it is seventh-biggest mobile phone operator in the world, had fallen 5.72 percent by early afternoon on an overall Oslo market that was 1.0 percent weaker.

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Norway's reports 2007 profit gain, but outlook disappoints

OSLO, Feb 13, 2008 (AFP) - Norwegian Telecommunication group Telenor reported a 13-percent gain in net earnings for 2007 on Wednesday but fell short of market expectations for 2008.

Shares in the company, the says it is seventh-biggest mobile phone operator in the world, had fallen 5.72 percent by early afternoon on an overall Oslo market that was 1.0 percent weaker.

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Russian rocket lifts off with Norwegian satellite: Interfax

MOSCOW, Feb 11, 2008 (AFP) - Russia successfully launched a Proton rocket on Monday carrying a telecoms satellite belonging to Norway's Telenor, space forces spokesman Alexei Zolotukhin told Interfax.

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DiGi to spend 242 million dollars to roll out 3G service next year

KUALA LUMPUR, Nov 14, 2007 (AFP) - Malaysia's third-largest mobile phone company DiGi.com announced Wednesday it will invest up to 800 million ringgit (242 million dollars) over three years to roll out its 3G services.

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Norway's Telenor to cut majority stake in Malaysia's Digi.Com by year-end

KUALA LUMPUR, Sept 10, 2007 (AFP) - Norwegian Telecommunication group Telenor will cut its stake in Malaysian mobile operator Digi.Com Bhd to 49 percent from 61 percent by the end of the year, a top minister said Monday.

'They are committed to draw down their stake to 49 percent by the end of this year,' Lim Keng Yaik, energy, water and communications minister told reporters.

Lim had earlier met with top executives of Telenor to secure the confirmation. Telenor was allowed to raise its stake in DiGi.com to 61 percent in 2001.

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Norwegian telecom giant Telenor raises quarterly profit

OSLO, July 24, 2007 (AFP) - The Norwegian telecommunications giant Telenor reported on Tuesday improved second-quarter results but they fell short of market expectations.

The quarterly figures did not include a contribution from Ukrainian company Kievstar, which the Norwegian firm was recently forced to deconsolidate from its overall group accounts owing to an ongoing dispute with a big Russian shareholder.

Net profit increased by 42.4 percent to 3.25 billion kronor (411.4 million euros) against 2.28 billion in the same quarter last year.

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