Telenor is a telecommunications company focused on mobile communication, fixed line communication, and TV-based activities. The company’s mobile communication activities include voice, data, Internet, and content services, as well as customer equipment and electronic commerce, while its fixed network activities include analog PSTN, digital ISDN, broadband telephony, xDSL, Internet, and leased lines, as well as other communication solutions. The company’s TV-based operations include satellite dish, cable TV-networks, and satellite master antenna TV-networks systems. Telenor was founded in 1885 and is headquartered in Fornebu, Norway.

Roar Bjaerum

Head of Telenor Financial Services and COO

Sigve Brekke

President and CEO


Kristine Devold

Manager, Investor Relations


Håkon Hatlevik

Manager, Investor Relations


Svein Henning Kirkeng

EVP and Head of Products and Marketing


Monika Kollen

Investor Relations Coordinator


Kjetil Korshavn

Pension Fund Manager


Marianne Moe

Head of Investor Relations


Øystein Myrvold

Head of Investor Relations


Jørgen Arentz Rostrup


Helge Øien

Investor Relations Director

28 past transactions

Tapad Inc.

Acquisition in 2016
Tapad is a global marketing technology company providing a comprehensive suite of identity-based marketing solutions. By leveraging the company’s proprietary and privacy-safe Tapad Graph. Their groundbreaking, proprietary technology assimilates billions of data points to find the human relationship between smartphones, desktops, laptops, tablets, connected TVs, and game consoles. The result: an unprecedented understanding of consumer behavior across related screens and the ability to reach the right people on the right device at the right time. With Tapad, publishers and advertisers can deepen consumer engagement with a more fluid experience while increasing campaign cost-effectiveness. The company is reinventing personalization for the modern marketer through its identity-driven solutions. The Tapad Graph combines the company’s proprietary Device Graph with behavioral signals so marketers can finally see their customers as unique individuals, and ultimately, deliver personalization at scale.


Acquisition in 2013
GLOBUL operates on the Bulgarian market since 2001. In the first year of its existence, the company was proclaimed the biggest green-field investment and received the distinction ‘Investment of the Year’. In August 2005, 100% of the company’s shares were purchased by COSMOTE Group. A year later, the company changed its corporate identity in order to reflect the change in ownership and mark a new stage in its development as an operator within the COSMOTE Group. In the following years, GLOBUL gradually expanded its customer base. The significant investments made in network expansion and optimization allowed the company to offer high-quality services to its clients.


Acquisition in 2019
DNA is a telecommunications company that provides voice, data, and cable TV services to private customers and corporations. The company offers high-definition channels in the terrestrial network for households, mobile broadband services, pay-TV services, network value-added services for companies, operator-independent services, network data security services for companies, strategy services, 3G network services, 4G network services, and infrastructure services for teleoperators. DNA Ltd was founded in 2001 and is based in Helsinki, Finland with branch offices in Moscow and St. Petersburg, Russian Federation. It has various mobile phone retail outlets in Finland.

Utfors AB

Acquisition in 2003
Utfors AB offers broadband communication services in the Nordic countries. Its products and services include direct services, indirect services, value-added services, and network sales and leasing. Utfors’ direct services include Internet Protocol (IP) port services, direct telephony, and fixed Internet. Its indirect services include indirect telephony and dial-up Internet. The company’s value added services include co-location and hosting, Utfors e-meeting, and Utfors Remote VPN.
DiGi Telecommunications Sdn Bhd offers prepaid and postpaid cellular services to personal and business customers. It offers broadband, roaming, and IDD services, as well as accessories. The company also provides MyDigi app through Google Play and App Store. DiGi Telecommunications Sdn Bhd was formerly known as Mutiara Telecommunications Sdn Bhd and changed its name to DiGi Telecommunications Sdn Bhd in December 1998. The company was incorporated in 1990 and is based in Subang Jaya, Malaysia. DiGi Telecommunications Sdn Bhd operates as a subsidiary of DiGi.Com Berhad.

Maritime Communications Partner

Acquisition in 2006
Maritime Communications Partner


Acquisition in 2005
Bredbandsbolaget offers high-speed broadband internet access, telephony, digital television and other services. They now have more than 475 000 connected households and business customers. Thus, they are the country's second largest broadband provider with 25 percent of the market. In the metropolitan areas, they are number one. Broadband Company is also one of Sweden's largest provider of broadband telephony with more than 200,000 households. Their network is being expanded continuously and today includes two million Swedish households in over 70 locations.

Telenor (Serbia)

Acquisition in 2006
Telenor Serbia full legal name: Telenor d.o.o. is a subsidiary of Norwegian telecommunications company Telenor, is a Serbian mobile network operator. Source: Wikipedia []
Telenor Microfinance Bank Limited operates as a commercial microfinance bank. The company provides micro mortgage for crop and trade financing; business and emergency loans; micro leasing; term deposit accounts; micro savings; and group loans to men and women in urban and rural areas. It serves low-income, salaried, self-employed, and micro entrepreneurs.

Telenor India

Acquisition in 2014
Telenor (India) Communications Pvt. Ltd. is a mobile network operator company.

MicroEnsure Holdings Limited

Venture Round in 2014
MicroEnsure Holdings Limited develops life, health, and property insurance solutions. The company offers product and process design, project management, operational execution, and monitoring and evaluation services. It serves low- and middle-income consumers. MicroEnsure Holdings Limited was founded in 2002 and is based in Cheltenham, United Kingdom with subsidiary offices in Ghana, Nigeria, Kenya, Tanzania, Malawi, Bangladesh, the Philippines, India, and Pakistan. As of July 1, 2020, MicroEnsure Holdings Limited operates as a subsidiary of MicroInsurance Company.


Acquisition in 2009
BiBoB provides mobile communications services. BiBoB operates as a subsidiary of Telenor.

Talkmore AS

Acquisition in 2007
Talkmore AS is a provider of mobile telephony and mobile broadband services. Talkmore offers cheap and simple mobile subscriptions with full telecom networking.

Telenor Sverige

Acquisition in 2005
Telenor Sverige AB provides telecommunications, computer, and media services, that includes mobile telephony and mobile broadband, high-speed fixed broadband for Internet access, digital-television, and fixed telephony.

Telenor Hungary

Acquisition in 2001
Telenor Hungary provides mobile voice, data, and broadband services to consumers and business customers. It offers pre-paid and post paid, SMS, and Internet services.

Home Wireless Networks

Series D in 2000
Provider of wireless telephony and data networking products for the residential and small office/home office markets. The company's technology helps connect personal computers, phones, fax machines and other devices without wires.

Sweden On Line

Acquisition in 2001
Sweden On Line (SOL) is a CATV operator. The company offers its services through bulk agreements with housing associations, which in turn charge tenants for CATV reception as part of their rent.


Acquisition in 2006
Glocalnet offers telecommunication services. It offers fixed telephony, mobile telephony, dial-up Internet access, and ADSL broadband services.

Tele2 Denmark

Acquisition in 2007
Tele2 Denmark operates as an alternative telecom operator. Tele2 Denmark operates as a subsidiary of Telenor.


Acquisition in 2008
Datametrix operates as a communication solution provider to the corporate sector. Datametrix supplies IP-based communication solutions, networks (LAN, WAN and WLAN), security and data-centre solutions, IP telephony and Unified Communication. Datametrix has partnerships with companies such as Cisco, Microsoft and Nokia.

Family Finances

Pre Seed Round in 2017 offers design-driven mobile banking solutions for financial innovators with a special focus on younger customers, including off-the-shelf, boxed solutions that are all easy-to-customise, design-driven and white-label as well as an end-to-end service from UX research, through UX/UI design to implementation. These solutions enable banks and fintech companies to engage younger generations, Millennials & GenZ customers with design-oriented digital interfaces. The company has two flagship products called Flint and RocketMoney. Flint is a mobile-first, end-to-end remote lending solution, which is capable of executing credit scoring through a mobile platform, therefore loan application can take only 20 minutes. The solution uses public registers, therefore most of the user data is automatically filled in and its cleanliness is also guaranteed. RocketMoney is a family banking solution we offer together with GoSave, a Californian fintech startup. We together cover the whole youth banking lifecycle by serving the 6-12 years old with a next generation piggy bank and the 12-18 years old with an allowance management application helping youngsters manage, save and also make money in a smart way. Our vision is to conquer the youth banking space with our GoSave and provide financial innovators with the right solutions to increase financial consciousness and literacy.


Series C in 2000
ZoomON's software enables anyone with a browser to view, mark-up, design and collaborate on complex, and simple, graphics. This includes maps, product drawings and product catalogs. Their software cuts across proprietary technologies and unleashes the details anytime, anywhere!


Funding Round in 2014
701Search Pte Ltd., a media company, develops and operates online marketplaces in Southeast Asian region. The company operates online classified Websites for consumers and advertisers to upload content and advertisings in Malaysia, Vietnam, Indonesia, and the Philippines. Its marketplaces are used for buying and selling goods online. The company was founded in 2006 and is based in Singapore. As of November 20, 2019, 701Search Pte Ltd. operates as a subsidiary of Carousell Pte. Ltd.


Acquisition in 2013
Tele2 is one of Europe’s fastest growing telecom operators, always providing customers what they need for less. They have 15 million customers in 10 countries. Tele2 offers mobile services, fixed broadband and telephony, data network services, cable TV and content services. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 has been listed on the NASDAQ OMX Stockholm since 1996. In 2012, we had net sales of SEK 31 billion and reported an operating profit (EBITDA) of SEK 6 billion.

Liquid Barcodes

Acquisition in 2013
The company was founded by a group of Nordic technology entrepreneurs in the early 2000s. The company is headquartered in Oslo, does business across the Nordics and has Global aspirations.


Funding Round in 2017
Keeping families organized, productive, and connected by bringing all your activities, tasks, and data together in one shared place.