2013-01-16 09:57:17 -

Fornebu - January 16, 2013 - Telenor has entered an agreement with Nets, a
European provider of payments, card and information services to supply them with
telecom and data services in five European countries for the next three years.
Telenor's ability to provide high quality services combined with a simple
administration model that covers all of the Nordics from one place is attractive
for businesses in the region.

Telenor will provide Nets with mobile and fixed telephony services, as well as
DSL in Denmark, Norway, Sweden, Finland and Estonia. This comprises the total of
approximately 3000 subscriptions, of which 2000 are new additions. The agreement
covers a period of three years, with an option for prolongation, and will be
effective from 1 May 2013 at the latest. The total value   of the three year
contract is approximately 46 million NOK.

"We have chosen Telenor as our supplier of telecom and data services confident
that we are receiving high quality, stable technical solutions and services. In
addition, the contract pertains to five countries and will significantly
simplify our daily administration, resulting in lower costs," said Øyvind
Apelland, Nets Group Executive Vice President IT.

"Safe and effective communication is an important requirement supporting our
strategic goals. We believe that Telenor will enable this and we are looking
forward to strengthening our cooperation," Apelland concluded.

"Being a global company with strong presence in the Nordics, we understand the
needs of other businesses with international ambitions, and we have capabilities
to meet them. Our state of the art networks combined with innovative
communication solutions, and centralized contract and service management are
important parts of our regional offering," says Thomas L. Kraft, Head of Sales
and Support, Nordic Enterprise Sales, Telenor Group.

"Nets has been a valued customer of Telenor in Norway for many years.  We are
now extremely pleased to have been given the opportunity to expand our
cooperation further, from serving Nets in a single market to becoming their
total telecom supplier in five European countries," Kraft added.

Telenor's Nordic Enterprise Sales unit was established in March 2012, as a
Centre of Excellence to serve multinational corporations with cross-border
requirements in an integrated manner.

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About Nets
Nets is an IT company specialising in managing digital values through the
delivery of strategic consulting and IT solutions. We enable a more efficient
society and optimise our customers' business through the way we handle money,
information and identities digitally. We have one of the most extensive and
innovative product portfolios in Europe and our ambition is to become an even
stronger partner to our customers by supporting their business, nationally as
well as internationally. Nets has 2,700 employees in Denmark, Norway, Finland,
Sweden and Estonia and a yearly turnover of EUR 850 million. Find out more at
www.nets.eu.

Contacts:

Tor Odland, Head of Group Media, Telenor Group, +47 990 90 872, e-
mail:tor.odland@telenor.com

Søren Winge, Press Officer, Nets, + 45 29 48 26 46 or e-mail: swing@nets.eu






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Source: Telenor via Thomson Reuters ONE
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