Feb 02, 2022 / 08:00AM GMT
Sigve Brekke - Telenor ASA - President & Group CEO
Good morning, everyone. 2021 was an eventful year for Telenor. We had COVID effects throughout the year, especially in Asia, and the effect lasted longer than what we had expected. However, despite COVID and mostly remote working, we continued with our modernization. And we announced also 2 large mergers in both Malaysia and in Thailand. In 2021, we also had to handle a very challenging situation in Myanmar. It is now 1 year since the military takeover in Myanmar. Throughout the year, our focus has been to safeguard our employees and to continue to serve our customers.
And as you know, given the circumstances, it became impossible for us to remain in Myanmar and the sale was concluded at the least detrimental solution, both to our employees and to our customers. And currently, we are waiting for the authorities approval of this transaction. In this extreme situation, I will say that I have huge respect for the strength and the resilience shown by our team on the ground in Myanmar and what they have been able to do during the last year.
Q4 2021 Telenor ASA Earnings Call Transcript
Feb 15, 2024
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