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Sigve Brekke News

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Posting a huge operating loss of 3,100 million Norwegian Krone (around Rs 2,530 crore) for its Indian telecom business, Telenor Wednesday hinted at exiting India if it fails to procure spectrum at reasonable rates.
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Norwegian telecom firm Telenor Tuesday said it will launch 4G services in 5-8 cities in India within 6 months and is in talks with other operators to increase its spectrum holding through trading.
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Norwegian telecom major Telenor Group on Tuesday said it has appointed Sigve Brekke President and Chief Executive Officer (CEO) effective August 17, 2015.
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While the company is experiencing reduced customer base for traditional fixed line services, costs, however, do not fall at the same rate.






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