Telenor Satellite

Telenor to be Acquired by Apax

Telenor entered into a definitive agreement with Apax Partners France for the sale of Telenor Satellite Services (TSS) to funds managed by Apax Partners for a cash consideration of $400m. Since 2002 Telenor has defined Telenor Satellite Services as non-core business. Apax Partners intends to pursue the development of the company in Norway and abroad. Telenor Satellite Services offers communication solutions via satellite to land, air and sea. The transaction will not impact the services provided by TSS and business relations with customers will remain unchanged. The transaction is subject to approval from regulatory authorities. Given the current exchange rate for USD, Telenor ASA will be able to post a gain of approximately NOK 1.4 billion from the sale. The transaction will not affect any other units of Telenor ASA that use satellite as their communications platform, including Telenor Broadcast/Telenor Satellite Broadcasting.

Telenor Satellite Services to be Acquired

On October 25, 2006, Telenor entered into a definitive agreement with Apax Partners France for the sale of Telenor Satellite Services (TSS) to funds managed by Apax Partners for $400 million. Since 2002, Telenor has defined Telenor Satellite Services as non-core business. Apax Partners intends to pursue the development of the company in Norway and abroad. Telenor Satellite Services offers communication solutions via satellite to land, air and sea

Telenor Introduces My Source

Telenor Satellite Services, a subsidiary of Telenor of Norway launched My Source, a new online account management tool giving Telenor users more control of their satellite communications budget. The new tool offers customers of Telenor Service Providers using Telenor's satellite products and services a full range of service management capabilities. My Source enables users to manage the use of satellite terminals and phones, select prepaid plans, automatically reload prepaid cards

Telenor Wins Award for 2005 Maritime Sales Performance

Telenor Satellite Services was recognized by satellite operator Inmarsat for best overall sales performance for Fleet services in 2005. Through its global network of more than 300 service providers, Telenor sales of Fleet services increased by 79 percent over the past 12 months. In accepting the award from Inmarsat, Telenor Vice President for Sales Anders Kallerud credited the marked growth of maritime sales to the

Telenor Expands Use of Intelsat Global Satellite Capacity

Intelsat announced that Telenor Satellite Services expanded a multi-year contract with Intelsat to include transmission services on three different spacecraft in C- and Ku-band. The capacity is being used for Telenor’s Sealink maritime high-speed data communications solution through its Eik Teleport in Norway. Through this agreement, Telenor renewed its contract on the Intelsat 903 and Intelsat 704 satellites for C-band capacity connectivity in the Atlantic Ocean Region and Indian Ocean

Telenor Launches Marlink

Telenor Satellite Services announced that it has formed a new company, Marlink, to provide a wide range of mobile satellite communication services, mainly for customers in the maritime sector. Marlink will act as a 'multi-supplier' of mobile satellite airtime providing communication services from a number of suppliers, including but not limited to Telenor. Marlink will also provide traffic accounting services, hardware and value-added services.

O'Gara Wins Navy Satellite Deal

SatCom Group Holdings PLC, a reseller of mobile satellite communications, said its subsidiary O'Gara Satellite Systems Inc has won a 5-year contract, worth 10m in the first year, from the US government to supply satellite airtime to the US Navy. O'Gara, which is one of the five companies in the world certified as a Defense Information Technology Contracting Organization (DITCO) awardee, won the contract following a tender

Sait-Stento To Divest Sait Communications

Sait-Stento has signed a Memorandum of Understanding with Telenor Broadband Services, a subsidiary of Telenor with plans to sell all of its shares in Sait Communications to Telenor for approximately $28.2 million. The transaction and consideration is subject to due diligence and board approval from the above-mentioned parties. It is estimated that final negotiations are to be completed by the end of February 2001.

Marlink Extends Crew Calling Programs

Marlink, a subsidiary of Telenor Satellite Services, announced that it is extending its "Super Quiet Time" and "Inmarsat A to Fleet" maritime communications programs offered via Telenor. Both programs, first offered in early 2003, are designed to make "at sea" satellite communications more affordable and easier for mariners. Marlink's Super Quiet Time (SQT) Program: Mariners can make calls for standard prices less than USD 0.99 per minute - all weekend

Marlink Launches Broadband Global Area Network Service

Marlink today announced that it now offers a full range of Inmarsat services for customers requiring flexible and efficient land mobile communications over satellite. Marlink's new Regional Broadband Global Area Network (Regional BGAN) offers reliable, 24-hour a day Internet Protocol (IP) connectivity at data speeds of up to 144kbps via a secure channel. The service is available in Europe, Asia, and northern and central Africa.