Telenor


Stofa acquires Canal Digital Denmark

Danish cable operator Stofa has acquired Telenor’s Danish cable TV network Canal Digital. The deal has an enterprise value of DKK51 million (€7 million) and has been financed with available liquid assets in Stofa. “We are very pleased to be able to carry out this acquisition which opens up significant synergies with our existing operations […]

New 3D channel for Norway

High TV 3D, a 24-hour 3D channel for the Nordic region, has launched on Telenor Satellite Broadcast’s Thor 6 satellite at 1° West. The channel, which will be distributed via Telenor’s Canal Digital DTH service, will initially only be available in Norway as part of Canal Digital’s standard package. The launch of the channel follows […]

Telenor Broadcast sees Canal Digital subs continue to fall

Telenor continued to lose subscribers across its pay TV platforms during the third quarter while revenues from its Broadcast division also declined. Telenor’s Canal Digital DTH platform lost 6,000 customers during the quarter, ending September with 973,000 subs, compared with 1,025,000 a year earlier. This was an improvement on the same quarter a year ago, […]

Stofa abandons cable merger plan

Danish cable operator Stofa has abandoned its planned acquisition of Telenor-owned Canal Digital Cable TV in Denmark as a result of opposition to the deal from the country’s competition regulator. Stofa’s owner Ratos and Telenor jointly agreed to give up on the deal, which was originally agreed in January, after discussions with the regulator failed […]

Telenor reshuffle sees Conax chief named CEO Telenor Norway

  Berit Svendsen, the CEO of Telenor-owned conditional access company Conax is becoming executive vice-president and CEO of the telco’s Norwegian business. Svendsen joined Telenor in 1988 as a research scientist, becoming executive vice-president and chief technology officer of Telenor and chair of Telenor R&D in 2000. She joined Conax as CEO in May 2008. […]

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