Reading Time: 2 minutes
Hilsen will become the first CEO of Telenor Group's newly established tower company, a holding company to gather all of Telenor's tower activities in the Nordics under one unit that will report directly to the Group CFO.
Ambitions to identify and carve out tower and infrastructure assets as separate business lines were communicated at Telenor's Capital Markets Day in 2020. The establishment of the new tower company is the next step in the previously stated ambitions of driving operational improvements and unlock value in the tower infrastructure portfolio.
Tower infrastructure is a strategically important area for Telenor. We need a dedicated CEO and management team to drive value creation, and Kaaren is the right person to take on this challenge, says Tone Hegland Bachke, EVP and CFO of Telenor Group.
Hilsen has served as CEO of Telenor Sweden since 1 March 2019 and has since her appointment steered the company on a transformation journey modernising the company's network, platforms and way of work as well as beginning the 5G rollout in Sweden.
I am excited to take on the position as CEO of Telenor Tower Holding AS as the new company will play an important part for Telenor Group's ability to drive and unlock value going forward. At the same time, it's with a heavy heart I have decided to leave Telenor Sweden. In some ways, I feel that I am leaving too early as I would have liked to see more of the results of the new strategy and the big transformation we have gone through over the past few years, says Hilsen.
I want to thank Kaaren for leading Telenor Sweden in a challenging period characterised by strong competition in the market. As CEO she has laid the foundation for a solid turnaround, and the strategy she and her management team has put in place has started to yield the desired results in Sweden, says Sigve Brekke, President and CEO of Telenor Group.
Telenor is in the process of hiring Hilsen's successor as CEO of Telenor Sweden.
Media contact: Tormod Sandst , Director Media Relations, Telenor Group
+47 90 94 32 15 | Tormod.Sandsto@telenor.com
More from Telenor Digital Services and Broadcast
18/02/2022
Reading Time: 2 minutes
The new company, supported by sponsoring shareholders Charoen Pokphand Group ( C.P. Group ) and Telenor Group ( Telenor ), aims to mee...
02/02/2022
Reading Time: 3 minutes
During the year, Telenor has focused on safeguarding employees and providing services to customers as the demand for connectivity, di...
20/01/2022
Reading Time: 2 minutes
As part of the agreement, Telenor and AWS will invest in joint go-to-market activities in select industries-such as manufacturing, sup...
17/01/2022
Reading Time: 2 minutes
(Singapore/Oslo, 17 January 2022) Telenor Group and Yoma Strategic have entered into an agreement to sell Telenor Group's 51 perce...
03/01/2022
Reading Time: 5 minutes
2021 is yet another year of extreme weather events and record-breaking temperatures. These underline the challenges humans, wildlife, ...
22/11/2021
Reading Time: 3 minutes
(Oslo/Bangkok, 22 November 2021) C.P. Group and Teleno...
16/11/2021
Reading Time:...
15/11/2021
Reading Time: 3 minutes
Collaboration with Google Cloud to support Telenor's digital transformation journey in serving its customers now and in the future...
11/11/2021
Reading Time: 4 minutes
Telenor Group has set a new GUINNESS WORLD RECORDS title for most users to take an online personal development lesson in 24 hours.
...
28/10/2021
Reading Time: 3 minutes
The solid performance in the Nordics continued. In Norway, demand for value added services drove a 3 % mobile ARPU growth in the quart...
03/09/2021
Reading Time: 2 minutes
It's truly great to have Jussi continue my work as CEO of DNA. His approach to business is extremely customer and human oriented,...
17/08/2021
Reading Time: 3 minutes
The first Digital Outlook Report released by Telenor R...
20/07/2021
Reading Time: 3 minutes
In Norway, the decline in fixed legacy revenues are offset by growth in fibre and fixed wireless accesses and mobile service revenues....
08/07/2021
Reading Time: 2 minutes
On 4 May, Telenor Group announced an impairment of Telenor Myanmar. Telenor underlined at the time that the operations in Myanmar cont...
01/07/2021
Reading Time:...
21/06/2021
Reading Time: 3 minutes
Following the 8 April 2021 announcement that Axiata an...
01/06/2021
Reading Time: 2 minutes
Hilsen will become the first CEO of Telenor Group's newly established tower company, a holding company to gather all of Telenor...
04/05/2021
Reading Time: 3 minutes
The Nordic operations delivered a robust quarter with EBITDA growth in Finland and Denmark. Despite the pandemic impacting our Asian o...
08/04/2021
Reading Time: 2 minutes
The parties aim to create a leading telecommunication service provider in Malaysia with the capabilities to drive research and innovat...
25/03/2021
Reading Time: 2 minutes
Telenor Group today announces it is unifying its IoT offering across the Nordics and internationally. The Nordic IoT portfolio and the...
17/03/2021
Reading Time:...
08/03/2021
Reading Time: 3 minutes
Update 8 March 2021: In the time since Telenor Group p...
19/02/2021
Reading Time: 2 minutes
The full statement was originally posted on the Myanmar Centre for Responsible Business website.
Signed by businesses operating in My...
15/02/2021
Reading Time: 2 minutes
The current, very short and limited, consultation has not allowed for the required dialogue on the proposed Cyber Security Bill. Given...
09/02/2021
Reading Time:...
07/02/2021
Reading Time:...
06/02/2021
Reading Time:...
02/02/2021
Reading Time: 3 minutes
In the fourth quarter, we continue to deliver a strong performance in the Nordics. In Norway growth in mobile and new fixed services m...
22/01/2021
Reading Time: 4 minutes
The year 2020 will go down in history as not only one of the most challenging of the century, but also as one of the most transformati...
25/11/2020
Reading Time:...
22/10/2020
Reading Time: 3 minutes
In the quarter, Telenor reported a 2 percent decline i...
16/07/2020
Reading Time: 3 minutes
Our operating model has given us flexibility to manage operations, cost and investments, contributing to an EBITDA growth of 1 percent...
25/06/2020
Reading Time: 2 minutes
Sigve Brekke, President and Chief Executive Officer, T...
24/06/2020
Reading Time: 2 minutes
Telenor Group owns a 34.2 percent stake in Wave Money, following Ant Financial Services Group's ( Ant Group ) investment that was ...
11/06/2020
Reading Time: 4 minutes
On a scale like no other, the COVID-19 pandemic has accelerated global social and economic change that would otherwise have taken year...
27/05/2020
Reading Time: 2 minutes
EVP Jukka Leinonen will continue in his roles as Head of Nordics and CEO of DNA in Finland. Jesper Hansen, current CEO of Telenor Denm...
05/05/2020
Reading Time:...
30/04/2020
Reading Time:...
28/04/2020
Reading Time: 3 minutes
The first quarter of 2020 demonstrates solid financial...
07/04/2020
Reading Time: 2 minutes
Our social responsibility goes beyond securing network connectivity , says Sigve Brekke, President & CEO, Telenor Group.
Telenor is ...
20/03/2020
Reading Time: 2 minutes
Tone H. Bachke to become new Telenor Group CFO as Rostrup takes on new position in Asia
Asia continues to be a growth engine for Tel...
20/03/2020
Reading Time: 2 minutes
J rgen C. Arentz Rostrup to lead Telenor's unified Asia business
Tone has proven to be a strong and results-oriented leader wit...
13/03/2020
Reading Time: 2 minutes
Jon Omund Revhaug, CEO of Telenor Procurement Company,...
13/03/2020
Reading Time: 3 minutes
Telenor is proud to be the first mobile operator to launch a commercial 5G network in Norway, as we have worked tirelessly to stay at...
30/01/2020
Reading Time: 4 minutes
In Norway, growth in mobile revenues continued with further ARPU improvement, and we were able to offset copper revenue decline with g...
16/01/2020
Reading Time: 2 minutes
Sharad Mehrotra, CEO of Telenor Myanmar, has been appointed the new CEO of dtac, Telenor Group's mobile operator in Thailand. He r...
13/12/2019
Reading Time: 2 minutes
We expect 5G to be the one technology that will transform our society the most in the next decade. We have been through a thorough pr...
28/11/2019
Reading Time: 7 minutes
In the last decade, mobile service providers, device makers and Internet companies built a virtual second world for us to live, work a...
21/11/2019
Reading Time: 2 minutes
The merger creates a regional leader in online classifieds. Telenor Group receives a 32 percent stake in the company, making it the la...
01/11/2019
Reading Time: 2 minutes
Jukka Leinonen is a well reputed telco leader with more than 30 years in the ICT industry. He has been instrumental in making DNA int...
Reading Time: 2 minutes
