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Sigve Brekke
President & CEO at Telenor Group
Sigve Brekke is a passionate individual driven by the desire to inspire change and enhance engagement at all levels of organizations. With over two decades of experience at Telenor Group, he has dedicated himself to ensuring the company's strength and future readiness. His 16-year tenure in Asia has provided him with invaluable insights into the importance of closeness to markets and customers in business operations. Sigve holds a Master of Public Administration from Harvard Kennedy School of Government, emphasizing his expertise in the world economy, business-government relations, international trade, and finance.
Highlights
I just presented our Q1 numbers together with our CFO, Tone H. Bachke! I’m proud to say that we had another strong quarter, and we are committed to providing the safest solutions in the market. We understand the importance of safety to our customers, and we will continue to prioritise it. In the first quarter, we had: ✅ Service revenues in the first quarter ended at NOK 15.8 billion, corresponding to an organic increase of 5.6 per cent compared to the same period last year. ✅ EBITDA ended at NOK 8.5 billion, corresponding to organic growth of 6.9 per cent. ✅ Free cash flow amounted to NOK 3.3 billion before M&A. ✅ Telenor Nordics and Telenor Asia delivered five and six per cent growth in service revenues, respectively, in the first quarter of the year, while organic EBITDA growth ended at eight and five per cent. 📸 Photo is taken from Ny-Ålesund, the world's northernmost base station. From there, I made a call to our newly opened base station in Antarctica, both operated by Telenor Svalbard, which has made our mobile network the largest in the world. The network now spans from the world's northernmost point to the world's southernmost point. 🌍
Telenor Tone H. Bachke Frank Maaø Amol Phadke Rita Skjærvik Jannicke Hilland Dan Ouchterlony Jørgen C Arentz Rostrup Håkon Bruaset Kjøl
This is an exciting day! Amol Phadke and I have just concluded a collaboration agreement with NVIDIA to enable our AI-first ambitions. We are also introducing our customers and stakeholders to our ambitious AI-first program at MWC Barcelona, which will ensure we continue to Reshape our industry and Telenor.
Interview in E24.no (Norwegian): https://lnkd.in/dQWNvX6s
#AI #MWC2024
