Our portfolio
Taking Market Leading Positions
Telenor Asia aims to build leading operators in all our markets.
In Malaysia, our partnership with Axiata resulted in the creation of CelcomDigi, the country’s largest locally listed technology company and a stronger digital partner for customers, now and in the future. The integration plan has been put into execution by the new management starting December 2022; and the company remains committed to the previously announced synergy target of US$1.8 billion by 2025.
In Thailand, the merger between True and dtac was completed in March 2023, creating True Corporation, a telecom-tech company which provides a full range of digital and connectivity services for 60 million customers. In Bangladesh, Grameenphone is the number one operator with nearly 80 million customers. Grameenphone offers the country’s best network experience and has invested in expanding this to reach more than 97% of the population. Telenor in Pakistan is the country’s third largest mobile operator, offering voice and data services to primarily prepaid customers.
Local Champions
Telenor Asia has unmatched competencies in our industry to build local champions, whether we are driving some of the largest mergers in Southeast Asia or accelerating the modernisation and automation of our operations. This results in partnerships with the best players in the digital ecosystem and market-leading positions, achieving the scale required for large network and technology investments, and sustainable risk-adjusted returns.
Total Subscriber Base
0associated and non-associated companies on 100% basis
Increase in total data traffic (2023)
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Double-digit B2B growth (2023)
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Our companies
Grameenphone
Grameenphone is the country’s largest mobile operator in Bangladesh, offering voice, data, and value-added services to customers through contract and prepaid plans.
Telenor Pakistan
Telenor Pakistan is the country’s third largest mobile operator, offering voice and data services to primarily prepaid customers.
CelcomDigi
CelcomDigi Berhad is Malaysia’s widest and fastest network, serving more than 20 million users nationwide.
True Corporation
True Corporation is the leading telecom-tech company in Thailand, well-placed to serve the country’s connectivity needs and digital growth opportunities.