Economy of Norway

Jason King Appointed CEO of Telenor Bulgaria

Mr. Jason King has been appointed Chief Executive Officer (CEO) of Telenor Bulgaria of PPF Group effective 1 September 2018. "I'm very pleased to welcome Jason King as CEO of Telenor Bulgaria and as part of my management team. Jason brings almost 20 years of leadership experience in global Telecom companies mainly based in CEE region.

EC Approves Sale of Telenor's CEE Assets to Czech Investment Group PPF

SOFIA (Bulgaria), July 30 (SeeNews) - The European Commission said on Monday it has approved the sale of Norwegian telecommunications group Telenor's assets in Central and Eastern Europe (CEE) to Czech Republic-based investment group PPF.

"The Commission found that the proposed transaction would raise no competition concerns," the EU's executive body said in a statement.

Mergermarket: Telenor Sells its Bulgarian Operator to a US Fund

Norwegian telecom Telenor negotiates with a US fund to sell its businesses in Bulgaria, Serbia and Montenegro for a price of 2 billion euros. This is reported by the specialized Mergermarket, referring to three unofficial sources. Capital has confirmed from a single source that the prospective buyer has been selected as exclusive in December.

Telenor Fined BGN 5.2 M By Bulgaria's Competition Protection Commission

Telecoms operator Telenor has been fined over BGN 5.2 M by the Commission for the Protection of Competition (KZK) because it misled customers about the speed of the 4-G network offered by the company for nearly a year and, thus, attracted clients by violating the rules of competition.

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