Telenor Satellite Broadcasting
Telenor Satellite Broadcasting (TSBc), a subsidairy of the Telenor Group, is the satellite operator in Norway. It is headquartered in Fornebu in Bærum, close to Oslo. It is one of the world's largest mobile telecommunications companies with operations in Scandinavia, Eastern Europe and Asia. Telenor owns networks in 12 countries, and has operations in 29 countries.
Telenor has one main teleport in Norway (Nittedal) as well as a large teleport in the UK and also operates a Middle East gateway in Cyprus at the premises of teleport-hosting partner CYTA. Nittedal teleport, near Oslo, Norway, is the largest site, with more than 40 antennas that can operate satellites in the viewable arc from 45°West to 66°East (one third of the worlds communication satellites). Telenor central London teleport has 10 antennas which look at satellites from 30°West to 50°East.
Telenor was established in 1855 as a state-operated monopoly, named Telegrafverket as a provider of telegraph services. The first ideas for a telegraph were launched within the Royal Norwegian Navy in 1848, but by 1852 the plans were public and the Parliament of Norway decided on a plan for constructing the telegraph throughout the country. Televerket began by building from Christiania (now Oslo) to Sweden as well as between Christiania and Drammen. In 1857 the telegraph had reached Bergen (west coast) via Sørlandet (south coast) and in 1871 it had reached Kirkenes (north coast). Cable connections were opened to Denmark in 1867 and to the UK in 1869. The telegraph was most important for the merchant marine that now could use the electric telegraph to instantly communicate between different locations, and get a whole new advantage within logistics.
The corporation changed its name to Televerket in 1969. In 1994, the then Norwegian Telecom was established as a public corporation. The authorities wanted to deregulate the telecom sector in Norway, and sector by sector was deregulated between 1994 to 1998. An attempt to merge Telenor with its counterpart in Sweden, Telia, failed in 1999, while both still were owned by their respective governments. December 4th, 2000 the company was partially privatised and listed on Oslo Stock Exchange and NASDAQ. The privatization gave the company NOK 15,6 billion in new capitals, the Government of Norway owning almost 78% of the company after the privatization. As of 2014, the Norwegian government holds 54% of the Telenor shares directly and another 5% through the Pension Fund.
In the second half of the 90’s, Telenor became involved in mobile operations in a number of countries: Russia (1994), Bangladesh, Greece, Ireland, Germany and Austria (1997), Ukraine (1998), Malaysia (1999), Denmark and Thailand (2000), Hungary (2002), Montenegro (2004), Pakistan (2004), Slovakia, Czech Republic, Serbia (2006), Myanmar (2014). Operations in Greece, Ireland and Germany were sold in 1999/2000 and profits were re-invested in the emerging markets.
In October 2005 Telenor acquired Vodafone Sweden, changing the name to Telenor in April 2006. On 31 July 2006, Telenor acquired 100% share of Serbian mobile operator Mobi 63 for 1.513 billion euro.
October 25th 2006, Telenor entered into a definitive agreement with Apax Partners France for the sale of Telenor Satellite Services (TSS) to funds managed by Apax Partners for a cash consideration of 400 million USD (NOK 2,640 million). Since 2002 Telenor has defined Telenor Satellite Services as non-core business.
In 2007 APAX Investment Group acquired US based France Telecom Mobile Satellite Communication (FTMSC) and the Satellite Services division of Telenor and forms Vizada Networks.
In December 2011 EADS acquired all assets of the Vizada Group for approximately 1 billion USD for its Astrium Services business unit.