MCP’s Board of Directors appointed Frode Støldal as new CEO for the Telenor subsidiary. Støldal replaces MCPs founder, Knut Fjellheim, who has served as interim-CEO and now returns to his previous role as COO/CTO. Frode Støldal has vast management experience from across the Telenor-Group. Prior to his role as CTO in Telenor Norway where he was responsible for deploying a new LTE (4G) network, Støldal served as Head of Technology for Telenor in Asia, responsible for industrialization and common technology projects across Telenor Group. He has also worked as CTO/CIO in Grameenphone, in addition to several IT roles in Norway from when he joined in 2001. Støldal holds a Master of Technology Management from the Massachusetts Institute of Technology and a Master of Science from Norwegian School of Economics and Business Administration (NHH). Støldal assumes his position Monday August 18, 2014..