Tag: Telenor
Telenor Group agrees to sell its stake in Wave Money to Yoma Strategic
Singapore/Oslo – WEBWIRE – Tuesday, January 18, 2022
Telenor Group and Yoma Strategic have entered into an agreement to sell Telenor Groups 51 percent share of Digital Money Myanmar Limited (Wave Money) for USD 53 million to Yoma MFS Holdings Pte. Ltd, a subsidiary of Yoma Strategic.
This subsidiary is to be funded by a consortium of investors led by Yoma Strategic which remains subject to completion and final funding. When the transaction is concluded, Yoma Strategic will become the largest and controlling shareholder of Wave Money, ensuring that the company continue operations and further extend ... Read more
Telenor Deploys 5G xHaul Transport Network with Cisco and NEC to Connect More People and Businesses in Norway and Denmark
NEC Corporation (TSE: 6701) and Cisco today announced they have been selected by Telenor to deploy 5G xHaul transport networks in Norway and Denmark. In April this year, NEC and Cisco entered a Global System Integrator Agreement (GSIA)(1) to expand their partnership for accelerating the deployment of innovative 5G IP transport network solutions worldwide. This project is a flagship initiative in which the two companies take full advantage of the GSIA and collaborate to deliver state-of-the-art networks to the customer. NEC and Telenor have a well-established history of working together, and this project is an extension of a global frame ... Read more