U.S. Markets open in 3 hrs 56 mins
  • S&P Futures

    +21.75 (+0.52%)
  • Dow Futures

    +149.00 (+0.45%)
  • Nasdaq Futures

    +77.75 (+0.58%)
  • Russell 2000 Futures

    +12.20 (+0.62%)
  • Crude Oil

    -0.02 (-0.02%)
  • Gold

    -4.00 (-0.22%)
  • Silver

    -0.08 (-0.41%)

    -0.0016 (-0.1546%)
  • 10-Yr Bond

    0.0000 (0.00%)
  • Vix

    +0.32 (+1.62%)

    -0.0055 (-0.4483%)

    +0.3430 (+0.2579%)

    -437.82 (-1.79%)
  • CMC Crypto 200

    -3.13 (-0.54%)
  • FTSE 100

    +43.67 (+0.58%)
  • Nikkei 225

    +727.65 (+2.62%)

Lars Erik Tellmann appointed new CEO of Telenor Myanmar

(Fornebu, 5 July 2016) Telenor Group has appointed Lars Erik Tellmann (44) as Chief Executive Officer (CEO) of Telenor Myanmar, effective 1 August 2016. Tellmann is currently Chief Financial Officer (CFO) in the same company. As part of this change, Tellmann will also join Telenor`s Group Executive Management. He will succeed Petter Furberg who will take a new position in Telenor Digital Businesses in Asia supporting business development within Online Classifieds & Market places and Consumer services.

"Lars Erik has been part of the founding management team in Myanmar, and has played a central role in the operations and development of the company over the past three years. I am confident that in him Telenor has an experienced leader to drive the next phase of our growth, and to further develop our strong company culture and way of work," says Sigve Brekke, President and CEO of Telenor Group.

Tellmann has been CFO at Telenor Myanmar since July 2013. Prior to this he was Senior Vice President and Head of Strategic Development in Telenor Asia. Tellmann has also served as Director and Board Member in a number of Telenor`s publicly listed mobile companies in the region. He joined Telenor in 2001, and has served Telenor Group in South-East Asia for over eight years. Tellmann holds a Master of Science in Business (M.Sc.) from University of Nordland (UIN) and a Master in Business Administration (MBA) from Heriot-Watt University.

"Heading Telenor in Myanmar is an honour and privilege for me. Our industry has had a major impact on Myanmar over the last two years, and will continue to play a significant role in supporting the growth of the country in coming years. Telenor has a solid market and network presence in Myanmar and with a proven strategy and business model we are well set-up for future growth. My job will be to deliver on this strategy alongside a talented leadership team, and a highly passionate group of colleagues," says Lars Erik Tellmann, newly appointed CEO of Telenor Myanmar.

Lars Erik Tellmann will succeed Petter Furberg who has headed Telenor Myanmar since July 2013, when Telenor established its operations in Myanmar. Petter will take a new position in Telenor Digital Businesses in Asia supporting business development within Online Classifieds & Market places and Consumer services.

"I wish to express our deepest thanks to Petter for his leadership over the past three years. Telenor Myanmar today stands among the brightest success stories for the Group. Under Petter`s guidance, Telenor has established itself as a preferred mass market operator in Myanmar. He hands over a company with a clear vision, a well-established strategy, and a strong foundation for future growth," says Sigve Brekke.


Glenn Mandelid
Head of Media Relations
Telenor Group
Mobile: +47 92 66 13 00

Alex Nyi Nyi Aung
Corporate Communications
Telenor Myanmar
(95) 9 79 1000006

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Telenor via GlobeNewswire