Telenor Welcomes Aker to Fornebu

Share Name	Share Symbol	Market	Type
Telenor Asa ADS (MM)	NASDAQ:TELN	NASDAQ	Common Stock

Share Name

Share Symbol

Market

Type

Telenor Asa ADS (MM)

NASDAQ:TELN

NASDAQ

Common Stock

Price Change

% Change

Share Price

Bid Price

Offer Price

High Price

Low Price

Open Price

Shares Traded

Last Trade

0.00

0.00%

Telenor Welcomes Aker to Fornebu

15/06/2005 9:08am

PR Newswire (US)

Telenor Asa (NASDAQ:TELN)
Historical Stock Chart

From Jul 2019 to Jul 2024

Telenor Welcomes Aker to Fornebu FORNEBU, Norway, June 15 /PRNewswire-FirstCall/ -- Telenor Eiendom (real estate) AS sells its "K3" site, situated south of the Telenor Centre, to the Norwegian company Aker. The parties signed the agreement Tuesday, and it implies that Aker's headquarters will be Telenor's closest neighbour at Fornebu just outside Oslo. The price is NOK 150 million. "We very much welcome having Aker in our neighbourhood. The co- localisation of two locomotives like Telenor and Aker is very positive both to Fornebu as a business area and for the Municipality of Baerum. With this, Fornebu strengthens its role as a powerful engine in Norwegian business. I also want to acknowledge Municipality of Baerum for their will to solve problems in the process," said Roar Wiik Andreassen, managing director of Telenor Eiendom AS. "The decision to make Fornebu the premises for our new head office is a signal of the strong interconnection between our competitive industry based on long tradition of technology and competence, and our suppliers of advanced information and communication tools. The Aker group brings a new dimension to the ICT environment at Fornebu," said Leif-Arne Langoy, CEO of Aker ASA. The property that Aker acquires is 23,000 square metres, and is sold with an approved pre-project. The construction is planned to start immediately, and should be ready for occupation within 2007 according to the original plan. Contact person Telenor: Scott Engebrigtsen, Information Manager, Telenor ASA, tlf. +47 90 04 34 84, Contact person Aker: Geir Arne Drangeid, Executive Vice President, Aker ASA, tlf.: +47 24 13 00 65 DATASOURCE: Telenor CONTACT: Scott Engebrigtsen, Information Manager, Telenor ASA, +47-90-04 34-84, ; or Geir Arne Drangeid, Executive Vice President, Aker ASA, +47-24-13-00-65 Web site: http://telenor.com/

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

TELN Telenor Asa ADS (MM)