Telenor ASA has decided to merge the two companies Telenor Digital AS (TD) and Telenor Global Services AS (TGS), to create one new global unit enabling Telenor to take new positions in connectivity and beyond. As one company, TD and TGS will combine telco and software competence and assets to accelerate the digital transformation of core telco services, while at the same time create a platform for new service innovation and growth.
As two global units in Telenor, TD and TGS offer a broad set of products and services, serving as a gateway to the Telenor Mobile Operators. Currently, TGS operates and delivers core telco services such as international voice, messaging, and data roaming for Telenor. TD on the other hand is a pure software company, developing cloud-native solutions connecting mobile operators and digital service providers, globally. Together, the new company will leverage the best of both organisations to create a solid foundation for growth.
This merger is a truly progressive move, with opportunities to create new revenue streams in Telenor. The new company must continue to keep relentless focus on operations and serving our business units, while at the same adopt a challenger mind-set, focus on value creation, and dare to explore new business models and services”