Telenor Enters Into Agreements in Malaysia


OSLO, Norway, March 13, 2002 (PRIMEZONE) -- Telenor's (Nasdaq:TELN) Malaysian subsidiary, DiGi.Com Bhd (DiGi) today announced its entry into three joint venture agreements with Technology Resources Industries Berhad (TRI), owner of Celcom, the second largest mobile operator in the country.

Through the agreements, the companies wish to find possibilities of integrating their respective networks and infrastructure, establish national roaming and jointly submit a bid for the announced licences for the third generation's mobile services (3G) in Malaysia.

The companies expect that the agreement on the integration of their networks and infrastructure will be significantly beneficial for shareholders and customers. DiGi operates in the GSM 1800 Mhz network allowing a greater bandwidth, while Celcom has a GSM 900 Mhz network with a greater range.

Telenor holds a 61% ownership in DiGi Com Bhd.



            

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