DnB NOR in Major Agreement with Telenor


OSLO, Norway, July 5, 2005 (PRIMEZONE) -- DnB Nor has entered into a four-year agreement with Telenor for supplies of fixed-line and mobile telephony, including a brand new telephony solution called "One Phone Concept". Throughout the contract period the agreement has a total value of NOK 500 million. The new voice service, "One Phone Concept," is a comprehensive solution. DnB NOR, in partnership with Telenor, has identified its preferred combination of traditional telephony, IP telephony and mobile telephony (Proffnett Total). Also included in the solution is the product FakturaKontroll (Invoice Control), which ensures DnB NOR full cost control, but which also allows employees to use their mobiles after working hours, providing them with access to a number of private services without charging employers for traffic.

"We are very satisfied with the new Telenor agreement. In Telenor we have found a supplier that can meet our requirements for future-oriented, cost-saving and efficient telephony solutions," said director Reidar Vestheim of DnB NOR.

"DnB NOR is Norway's largest financial corporation with high requirements for efficiency and good work tools. At Telenor we are pleased to be the preferred overall supplier of telephony services to DnB NOR, and we are looking forward to deliver an advanced telephony solution characterised by stability, quality and safety," said Stein-Erik Vellan, head of Telenor's activities in the Norwegian business market.

For more information, please contact: Director Reidar Vestheim, DnB NOR, Tel. +47 911 36 791 Head of information Arild S. Johannessen, Telenor, Tel. +47 48 19 19 21



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