Analysis of the Wholesale Market for Broadcasting Transmission Services, to Deliver Broadcast Content to End Users

Total Page:16

File Type:pdf, Size:1020Kb

Analysis of the Wholesale Market for Broadcasting Transmission Services, to Deliver Broadcast Content to End Users Analysis of the wholesale market for broadcasting transmission services, to deliver broadcast content to end users 28 September 2006 Contents Summary and conclusion ............................................................................................ 4 1 Background and legal framework for the market analyses.................................. 7 1.1 Background.................................................................................................... 7 1.2 Legal framework for the market analysis ...................................................... 8 1.3 General - market definition.......................................................................... 10 2 Description of the broadcasting market ............................................. 12 2.1 Introduction.................................................................................................. 12 2.2 The broadcasting market.............................................................................. 13 2.2.1 Developments in the market ................................................................ 13 2.2.2 Broadcasting legislation....................................................................... 13 2.2.3 Operators.............................................................................................. 15 2.2.4 The broadcasting networks in general ................................................. 18 2.2.5 The terrestrial networks ....................................................................... 22 2.2.6 Cable TV networks .............................................................................. 25 2.2.7 Satellite ................................................................................................ 27 3 Further information regarding the definition of the relevant product market ................................................................................................................. 28 3.1 Market definition in the Recommendation .................................................. 28 3.2 Introduction to NPT’s assessments.............................................................. 29 3.3 Boundary with the markets for leased lines................................................. 30 3.3.1 Contribution networks – Market 18 or the leased lines markets?........ 31 3.3.2 Feeder networks – Market 18 or the leased lines markets? ................. 32 3.3.3 Trunk networks – Market 18 or the leased lines markets? .................. 33 3.3.4 Access networks – Market 18 or the leased lines markets?................. 33 3.3.5 Conclusion ........................................................................................... 33 3.4 Boundary with ancillary technical broadcasting services............................ 33 3.5 Boundary with content................................................................................. 34 3.6 Substitutability assessments......................................................................... 35 3.6.1 General................................................................................................. 35 3.6.2 Substitutability on the services level.................................................... 35 3.6.3 Substitutability between terrestrial networks and cable/satellite......... 36 3.6.4 Substitutability assessments in the terrestrial network ........................ 38 3.6.5 Substitutability between cable and satellite ......................................... 48 3.6.6 Substitutability with other technologies............................................... 51 3.7 Conclusion – product definition................................................................... 53 4 Definition of the relevant geographic market .................................... 54 4.1 General......................................................................................................... 54 4.2 Terrestrial networks ..................................................................................... 54 4.3 Cable TV...................................................................................................... 56 4.4 Satellite ........................................................................................................ 56 5 Threshold for ex ante regulatory intervention ................................... 58 5.1 General......................................................................................................... 58 5.2 Transmission services for radio on terrestrial networks .............................. 59 5.2.1 The market for transmission services for local radio on terrestrial networks .............................................................................................................. 59 5.2.2 The market for transmission services for national radio on terrestrial networks .............................................................................................................. 60 2 5.2.2.3 Does the market have characteristics such that it will not sufficiently tend towards sustainable competition? ........................................................................ 63 5.3 The market for transmission services for television on terrestrial networks68 5.4 Transmission services on cable TV networks.............................................. 77 6 Summary and conclusion ..................................................................... 84 Appendix 1 Glossary ................................................................................................. 87 Appendix 2 Market definitions in other countries ................................................. 89 Appendix 3 Cable TV................................................................................................ 91 Appendix 4 Digital terrestrial network ................................................................... 93 Appendix 5 Telenor ................................................................................................... 95 Appendix 6 Norges Televisjon (NTV)...................................................................... 97 Appendix 7 The frequency bands............................................................................. 99 3 Summary and conclusion This document contains the market analysis that Norwegian Post and Telecommunications Authority (NPT) has carried out for what is considered the relevant national wholesale markets for broadcasting transmission services, to deliver broadcast content to end users. Chapter 1 contains a description of the background and legal framework for the market analysis, whilst Chapter 2 provides a description of the market. Chapter 3 assesses and defines the relevant product market. This definition is based on ESA’s predefined product market. On the basis of assessments linked inter alia to demand- and supply-side substitution, NPT has concluded that the market must be divided into segments. This represents a deviation from the Recommendation. Initially, NPT has divided the broadcasting market by technical platform into terrestrial networks, cable TV networks and satellite respectively. For all three of these platforms the product market is defined in a technologically neutral manner, covering therefore both digital and analogue transmissions. Other technical platforms that can be used for broadcasting transmissions, inter alia xDSL, optical fibre etc. have been evaluated but have not been found to constitute either separate markets, nor come under any of the other platforms. Following further substitutability assessments, the terrestrial network has been split by specific services into radio and television respectively. A comparable division has not been made in the cable TV and satellite markets. For radio on terrestrial networks, a further division has been made between local and national transmissions. The television market is nationwide. Broadcasting transmission can roughly be divided into four main types: contribution networks, feeder networks, trunk networks and access networks. It is NPT’s opinion that only the access network is covered by Market 18. It is also NPT’s opinion that purchases and agreements on broadcast content fall outside the relevant market. In line with current principles of competition law and with great emphasis on the Recommendation and the Guidelines, NPT has thus defined five relevant product markets: - Transmission services for local radio on terrestrial networks - Transmission services for national radio on terrestrial networks - Transmission services for television on terrestrial networks - Transmission services for radio and television on cable TV networks - Transmission services for radio and television via satellite networks 4 A more specific definition of the broadcasting markets requires a geographic delimitation, cf. the Guidelines paragraph 57. Chapter 4 assesses the relevant geographic definition of each of the market segments. NPT has concluded that broadcasting transmission services via satellite is a transnational market. NPT does not have the power to regulate such markets. Consequently, the satellite market falls outside the further assessment of relevant national markets. The other four product markets are regarded as being national. Since the division into market segments entails a departure from the Recommendation, chapter 5 specifically assesses whether there is a need for ex ante regulation in the four remaining market segments. In accordance with the Recommendation, the following criteria should be met for a product market to qualify for sector-specific ex ante regulation in
Recommended publications
  • Årsrapport Innholdsoversikt / NRK 2007
    07 Årsrapport INNHOLDSOVERSIKT / NRK 2007 FORORD 3 DRAMA 32 KANALER 62 Om fjernsynsdrama 33 NRK1 63 NYHETER 4 Berlinerpoplene 33 NRK2 64 Ny design og innholdsprofil 5 Utradisjonell seing 34 NRK3 64 Nye NRK2 5 Kodenavn hunter 35 NRK Super 64 Bred valgdekning 6 Størst av alt 36 NRK P1 65 Nyheter på nrk.no 6 Radioteateret 36 NRK P2 66 Nyheter på P1 8 NRK P3 66 Nyheter på P2 8 FAKTA & VITENSKAP 38 Andre kanaler 67 Osenbanden på P3 8 Faktajournalistikk i NRK 39 NRK Sport 67 Internasjonale nyheter 9 Spekter 39 NRK Jazz 67 SKUP-pris til Dagsrevyen 9 Puls — i tre kanaler 40 NRK Båtvær 67 Egenproduksjon 9 Jordmødre 40 NRK Gull 67 yr.no 41 NRK Super 67 BARN 10 Ekstremværuka 42 NRK 5.1 68 Super på tv 11 Radiodokumentaren 43 Alltid Klassisk 68 Superbarn 11 Alltid Nyheter 68 Superstore 12 MINORITETER 44 Alltid Folkemusikk 68 Super på radio 13 10 års jubilant på tv 45 NRK mP3 68 Super på nett 13 Dokumentarer om det flerkulturelle 45 P3 Urørt 68 Spiller.no 13 Norge NRK P1 Oslofjord 68 Melodi Grand Prix Jr 14 Bollywoodsommer 46 NRK Sámi Radio 69 Dokumentar og drama for 14 Kvener 46 NRK1 Tegnspråk 69 barn og unge Musikk 46 NRK Stortinget 69 Ettermiddagstilbud for unge 14 Språklig og kulturelt mangfold i NRK 47 NRK som podkast 69 Nrk.no 69 SPORT 15 LIVSSYN 48 Språkarbeid og nynorskbruk i NRK 70 Vinteridrett 16 Livssyn i faste programmer 49 Teksting av programmer 70 Sportsnyheter 16 Det skjedde i de dager 49 Sportsportalen 16 Salmer til alle tider 49 Ung sport 17 Morgenandakten på P1 49 Fotball på fjernsyn og radio 17 Mellom Himmel og jord 49 Bakrommet
    [Show full text]
  • Arbeidsnotat Nr. 9/05 Utbygging Av Digitalt Bakkenett I Norge
    Arbeidsnotat nr. 9/05 Utbygging av digitalt bakkenett i Norge - NRK og TV 2s motiver av Kjersti Lyngtun Hansen Anja Elise Øijordsbakken Husebø SNF prosjekt 1303 ”Konvergens mellom IT, medier og telekommunikasjon: Konkurranse- og mediepolitiske utfordringer” Prosjektet er finansiert av Norges forskningsråd SIØS – Senter for internasjonal økonomi og skipsfart SAMFUNNS- OG NÆRINGSLIVSFORSKNING AS BERGEN, FEBRUAR 2005 ISSN 1503 - 2140 © Dette eksemplar er fremstilt etter avtale med KOPINOR, Stenergate 1, 0050 Oslo. Ytterligere eksemplarfremstilling uten avtale og i strid med åndsverkloven er straffbart og kan medføre erstatningsansvar. SIØS – SENTER FOR INTERNASJONAL ØKONOMI OG SKIPSFART SIØS - Senter for internasjonal økonomi og skipsfart - er et felles senter for Norges Handelshøyskole (NHH) og Samfunns- og næringslivsforskning AS (SNF), med ansvar for undervisning, fri forskning, oppdragsforskning og forskningsformidling innen områdene skipsfartsøkonomi og internasjonal økonomi. Internasjonal økonomi SIØS arbeider med alle typer spørsmål knyttet til internasjonal økonomi og skipsfart, og har særskilt kompetanse på områdene internasjonal realøkonomi (handel, faktorbevegelser, økonomisk integrasjon og næringspolitikk), internasjonal makroøkonomi og internasjonal skattepolitikk. Forskningen ved senteret har i den senere tid vært dominert av prosjekter som har til hensikt å bidra til økt innsikt i globale, strukturelle problemer og virkninger av regional økonomisk integrasjon. Videre deltar man også aktivt i prosjekter som omhandler offentlig
    [Show full text]
  • 2009-01-Solvoll.Pdf (1.176Mb)
    Televised sport Exploring the structuration of producing change and stability in a public service institution Mona Kristin Solvoll A dissertation submitted to BI Norwegian School of Management for the degree of Ph.D Series of Dissertations 1/2009 BI Norwegian School of Management Department of Public Governance Mona Kristin Solvoll Televised sport - exploring the structuration of producing change and stability in a public service institution © Mona Kristin Solvoll 2009 Series of Dissertations 1/2009 ISBN: 978 82 7042 944 8 ISSN: 1502-2099 BI Norwegian School of Management N-0442 Oslo Phone: +47 4641 0000 www.bi.no Printing: Nordberg The dissertation may be ordered from our website www.bi.no (Research – Research Publications) ii Acknowledgements Many people have contributed in various ways to this project. I am indebted to my outstanding supervisor Professor Tor Hernes for his very unusual mind. I am grateful to the Norwegian Research Council for the funding of this thesis and to the Department of Public Governance at Norwegian School of Management, BI. Special thanks to the boys at the Centre for Media Economics and to Professor Rolf Høyer who brought me to BI. I would also like to thank the Department of Innovation and Economic Organization that generously welcomed me. Very special thanks to the Department Administrators Ellen A. Jacobsen and Berit Lunke for all their help and bright smiles. I have received valuable inspiration from many “senior” colleagues, in particular professor Tore Bakken and Professor Lars Thue. Special thanks to Professor Nick Sitter, although he supports the wrong team. Thanks also to my proof-reader, Verona Christmas-Best and the members of the committee for their insightful, comments and criticism.
    [Show full text]
  • From Public Service Broadcasting to Public Service Media Gregory Ferrell Lowe & Jo Bardoel (Eds.)
    From Public Service Broadcasting to Public Service Media Gregory Ferrell Lowe & Jo Bardoel (eds.) RIPE @ 2007 NORDICOM From Public Service Broadcasting to Public Service Media From Public Service Broadcasting to Public Service Media Gregory Ferrell Lowe & Jo Bardoel (eds.) NORDICOM From Public Service Broadcasting to Public Service Media RIPE@2007 Gregory Ferrell Lowe & Jo Bardoel (eds.) © Editorial matters and selections, the editors; articles, individual con- tributors; Nordicom ISBN 978-91-89471-53-5 Published by: Nordicom Göteborg University Box 713 SE 405 30 GÖTEBORG Sweden Cover by: Roger Palmqvist Cover photo by: Arja Lento Printed by: Livréna AB, Kungälv, Sweden, 2007 Environmental certification according to ISO 14001 Contents Preface 7 Jo Bardoel and Gregory Ferrell Lowe From Public Service Broadcasting to Public Service Media. The Core Challenge 9 PSM platforms: POLICY & strategY Karol Jakubowicz Public Service Broadcasting in the 21st Century. What Chance for a New Beginning? 29 Hallvard Moe Commercial Services, Enclosure and Legitimacy. Comparing Contexts and Strategies for PSM Funding and Development 51 Andra Leurdijk Public Service Media Dilemmas and Regulation in a Converging Media Landscape 71 Steven Barnett Can the Public Service Broadcaster Survive? Renewal and Compromise in the New BBC Charter 87 Richard van der Wurff Focus on Audiences. Public Service Media in the Market Place 105 Teemu Palokangas The Public Service Entertainment Mission. From Historic Periphery to Contemporary Core 119 PSM PROGRAMMES: strategY & tacticS Yngvar Kjus Ideals and Complications in Audience Participation for PSM. Open Up or Hold Back? 135 Brian McNair Current Affairs in British Public Service Broadcasting. Challenges and Opportunities 151 Irene Costera Meijer ‘Checking, Snacking and Bodysnatching’.
    [Show full text]
  • Telenor and BBC World Service Enter Agreement for Digital Broadcasting
    Telenor and BBC World Service enter agreement for digital broadcasting Telenor-owned Norkring has entered into an agreement with the BBC World Service for digital broadcasting over short wave, DRM. As part of the agreement, the BBC will be among the first in the world to broadcast over DRM. From Norkring's transmitting station at Kvitsøy, signals will be broadcast to Central Europe. This new agreement with the BBC is an important step in the digitalisation of short wave, which actually has the capacity to achieve global reach. The agreement involves broadcast of the radio channel BBC World Service "English for Europe" for an initial period of 18 months. The BBC is also using UK-based transmitters owned and operated by VT Communications (VTC) to provide a multi-frequency network aimed at Benelux and neighbouring countries. "For us this as an exciting partnership with one of the world's leading broadcasters. The BBC is a driving force within DRM, and contributes to set the standard for the future role of short wave," said sales and marketing director at Norkring, Per Maltun. The first major test will be the launch of receivers for DRM at the world's largest exhibition for consumer electronics, the IFA in Berlin 2-7 September 2005. About DRM DRM is short for Digital Radio Mondiale, a new digital radio standard specifically designed for use in short wave, medium wave and long wave bands. A worldwide consortium, consisting of all the leading broadcasters from all five continents, is responsible for the development of the DRM standard, which is now being implemented across the globe.
    [Show full text]
  • Hystad, Halvdan Ramsdal.Pdf
    Sammendrag Denne oppgaven setter søkelys på utbredelsen og bruk av internett over bredbåndstilkoblinger i norske hustander og bedrifter. I oppgaven beskrives ett paradigmeskifte for tradisjonelle formidlingsvirksomheter innen nyhets- og underholdningsmedieformidling. Internett som verktøy viser til å ha endret spillereglene i interaksjonen mellom formidlingsvirksomheter og deres kunder. Mange aktører leter etter nye, effektive og lønnsomme organisasjonsstrukturer for å møte den nye hverdagen. Utviklingstrekkene som synes klare i denne oppgaven er at man går mer og mer i retning av at produksjon og konsumpsjon av innhold i stadig større grad blir digitalisert. Samtidig er en modnet gruppe av internettbruker i ferd med å ta del i å skape sin egen nyhets og underholdningshverdag. Dette har delvis kommet som en årsak av tilgjengeligheten til internett, som er høy, og delvis ved at stadig flere produkter og tjenester orienterer seg mot internett som formidlings- og salgskanal. Oppgaven viser til en rekke eksempler på selskaper, tjenester og applikasjoner som over de siste 5 årene har vert med å prege utviklingsretningen. Videre presenteres noen konsepter og applikasjoner som kan være med å prege den fremtidige utviklingen. Avslutningsvis blir det gitt en skisse over de endringer i organisasjonsstruktur og tilordning til markedene moderne formidlingsvirksomheter i en media 2.0 hverdag kan ta inn over seg og planlegge i sine effektiviserings- og restruktureringsplaner som er aktuelle med hensyn på konjunktursvingninger som skyldes finanskrisen
    [Show full text]
  • Nordicom Information 2006(2)
    Förord Den 17:e Nordiska Konferensen för Medie- och Kommunikationsforskning ägde rum i Aalborg, den 11-14 augusti 2005. Värd för konferensen var den danska forskarföreningen Sammenslutningen af Medieforskere i Danmark (SMID) och Institut for Kommunikation vid det Humanistiske Fakultet vid Aalborg Universitet. Drygt 320 forskare från Danmark (66), Finland (22), Island (2), Norge (77) och Sverige (65) samlades för att diskutera pågående forskning och forskningsresultat. I konferensen deltog även forskare från länder utanför Norden, t ex från de baltiska länderna, Tyskland, Österrike, Storbritannien, Etiopien, Kanada och USA. Konferensen innefattade möten i arbetsgrupper, plenarsessioner och en rad sociala och kulturella programpunkter. De nordiska konferenserna är av mycket stort värde för utvecklingen av medie- och kommunikationsforskningen i de enskilda nordiska länderna. Medier og global kultur Sprog og retorik i medierne Mediernes struktur og økonomi Mediernes konstruktion av køn Medialisering af religion og kultur Public relation/planlagt kommunikation Mediehistorie Medieret risiko-, krise- og Filmhistorie krigskommunikation Digital tekst: genre, form og proces TV: Institution, produktion og tekst Digital kultur: nye samværs- og Radio og andre lydmedier kommunikationsformer Politisk kommunikation Medier og etniske minoriteter Journalistikforskning Medie- og kommunikationsteori: forskning Nyhedsformidlingens sosiologi og æstetik og discipliner Mediebrug: perspektiv, metode og teori Intimideringskommunikation Børn, unge og medier Markedskommunikation
    [Show full text]
  • Investing in Future Satellite Capacity to Satisfy Growing Maritime Requirements Julian Crudge, Director – Datacomms Division
    Investing in future satellite capacity to satisfy growing maritime requirements Julian Crudge, Director – Datacomms Division Telenor Group Among the major mobile operators in the world • Mobile operations in 11 markets in Norway, Europe and Asia • Over 31,000 employees and present in markets with 1.6 billion people • A voting stake of 42,95 per cent (economic stake 35.7 per cent) in VimpelCom Ltd. with 209 mill. mobile subscriptions in 18 markets • Among the top performers on Dow Jones Sustainability Indexes • Revenues 2012: NOK 101,7 bn (USD 17 bn) 147 millions consolidated mobile subscriptions; Q4 2012 Revenue distribution 2012 ”Other” includes Other Units/Group functions and eliminations Telenor Satellite Broadcasting Part of Telenor Broadcast Broadcast Telenor Satellite Canal Digital Norkring Broadcasting Conax Satellite/DTH Radio & TV Satellite Content security for digital TV & video TV services terrestrial network transmission distribution TSBc – A Pan-European Satellite Operator • Telenor Satellite Broadcasting has provided communications to the maritime and offshore sectors since the late 70’s • Initial requirements driven by the North Sea oil fields and the need to connect Svalbard to the mainland • Today, TSBc carries on this legacy as the owner and operator of the Telenor satellite fleet (THOR satellites) • TSBc wholesales capacity and services to a wide range of distributors throughout Europe and the Middle East 4 Working with our distribution partners we provide: • Satellite Capacity – Ka and Ku • 24/7/365 Operational Support
    [Show full text]
  • Converged Markets
    Converged Markets - Converged Power? Regulation and Case Law A publication series of the Market power becomes an issue for European and media services and enabling services, platforms and European Audiovisual Observatory national law makers whenever market players acquire a converged services, and fi nally distribution services. degree of power which severely disturbs the market balance. In this sense, the audiovisual sector is no The eleven countries were selected for this study because exception. But this sector is different in that too much they either represented major markets for audiovisual market power may not only endanger the competitive media services in Europe, or because they developed out- parameters of the sector but may also become a threat side the constraints of the internal market, or because they had some interesting unique feature, for example to the freedom of information. It is this latter aspect the ability to attract major market players despite lacking which turns market power into a particularly sensitive an adequately sized market. issue for the audiovisual sector. National legislators and regulators backed by national courts seek solutions The third part brings in the economic background in the adapted to this problem. form of different overviews concerning audience market shares for television and video online. This data puts the This IRIS Special issue is deals with the regulation of legal information into an everyday context. market power in the audiovisual sector in Europe. The fourth and fi nal part seeks to tie together the common The fi rst part of this IRIS Special explores the European threads in state regulation of media power, to work Union’s approach to limiting media power, an approach out the main differences and to hint to some unusual still dominated by the application of competition law.
    [Show full text]
  • Rolling News As Disruptive Change a Managerial Perspective on TV 2 and VG in Norway
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Göteborgs universitets publikationer - e-publicering och e-arkiv Nordicom Review 33 (2012) 1, pp. 67-81 Rolling News as Disruptive Change A Managerial Perspective on TV 2 and VG in Norway Maria Theresa Konow Lund & Roel Puijk Abstract In the present article, we compare the models that the management in two leading com- mercial Norwegian media organizations, one with a foothold in the written press, Verdens Gang (VG), and one in television, TV 2, have used in dealing with the disruptive change in news caused by the introduction of rolling news. Both started with an experimental internal phase but later used different models to organize their news production. By establishing a spin-off, separate from the printed newspaper, VG retreated from synergies between online and offline productions, but gained by having two organizations dedicated to the processes and values of each medium. Their online services are financed by advertisements alone. The commercially financed television channel, TV 2, used an acquisition model, but encountered problems with integrating the parts. Today, their strategy involves a proliferation of digital TV channels, financed by a combination of advertisements and payment from viewers. Not only their Internet site, but particularly their 24/7 news channel Nyhetskanalen is a central element in the production of continous news. Keywords: convergence, continuous news, disruptive change, management Introduction Market leaders often experience difficulties adjusting to what Christensen and Overdorf (2000) call ‘disruptive change’. Implementing innovative activity in an area that requires not only investments but also changes in competencies, organizational processes and values is often difficult to realize within established organizations.
    [Show full text]
  • Internal Memorandum
    Non-confidential version text which has been removed from the confidential version is marked [business secrets] or [XXX] as the case may be Case handlers: Tormod S. Johansen, Brussels, 11 July 2007 Runa Monstad Tel: (+32)(0)2 286 1841/1842 Case No: 13114 e-mail: [email protected] Event No: 436086 By fax (+47 22 83 07 95) and courier Viasat AS Care of: BA-HR Advokatfirma Att: Mr. Helge Stemshaug Postboks 1524 Vika N-0117 Oslo Norway Dear Mr. Stemshaug, Case COM 13114 (former case COM 020.0173) - Viasat/TV2/Canal Digital Norge (please quote this reference in all correspondence) I refer to the application of Viasat AS dated 30 July 2001, pursuant to Article 3 of Chapter II of Protocol 41 to the Agreement between the EFTA States on the Establishment of a Surveillance Authority and a Court of Justice (hereinafter “Surveillance and Court Agreement”), regarding alleged infringements of Articles 53 and 54 of the Agreement on the European Economic Area (hereinafter “EEA Agreement” or “EEA”) by TV2 Gruppen AS and Canal Digital Norge AS. By this letter I inform you that, pursuant to Article 7(1) of Chapter III of Protocol 4 to the Surveillance and Court Agreement,2 the Authority considers that, for the reasons set out below and on the basis of the information in its possession, there are insufficient grounds for acting on your complaint. 1 As applicable before the entry into force of the Agreement amending Protocol 4 of 24 September 2004 (e.i.f. 20.5.2005). 2 As applicable after the entry into force of the Agreement amending Protocol 4 of 3 December 2004 (e.i.f.
    [Show full text]
  • The Annual Report 2002 Documents Telenor's Strong Position in the Norwegian Market, an Enhanced Capacity to Deliver in The
    The Annual Report 2002 documents Telenor’s strong position in the Norwegian market, an enhanced capacity to deliver in the Nordic market and a developed position as an international mobile communications company. With its modern communications solutions, Telenor simplifies daily life for more than 15 million customers. TELENOR Telenor – internationalisation and growth 2 Positioned for growth – Interview with CEO Jon Fredrik Baksaas 6 Telenor in 2002 8 FINANCIAL REVIEW THE ANNUAL REPORT Operating and financial review and prospects 50 Directors’ Report 2002 10 Telenor’s Corporate Governance 18 Financial Statements Telenor’s Board of Directors 20 Statement of profit and loss – Telenor Group 72 Telenor’s Group Management 22 Balance sheet – Telenor Group 73 Cash flow statement – Telenor Group 74 VISION 24 Equity – Telenor Group 75 Accounting principles – Telenor Group 76 OPERATIONS Notes to the financial statements – Telenor Group 80 Activities and value creation 34 Accounts – Telenor ASA 120 Telenor Mobile 38 Auditor’s report 13 1 Telenor Networks 42 Statement from the corporate assembly of Telenor 13 1 Telenor Plus 44 Telenor Business Solutions 46 SHAREHOLDER INFORMATION Other activities 48 Shareholder information 134 MARKET INFORMATION 2002 2001 2000 1999 1998 MOBILE COMMUNICATION Norway Mobile subscriptions (NMT + GSM) (000s) 2,382 2,307 2,199 1,950 1,552 GSM subscriptions (000s) 2,330 2,237 2,056 1,735 1,260 – of which prepaid (000s) 1,115 1,027 911 732 316 Revenue per GSM subscription per month (ARPU)1) 346 340 338 341 366 Traffic minutes
    [Show full text]