SUCCESSFUL BUSINESS AND GOVERNMENT LEADERS OF THE GLOBE CEO PROFILE: JON FREDRIK BAKSAAS By: Mikhail Lebenko Irina Leonova Sun U Syao
PERSONAL BACKGROUND • Jon Fredrik Baksaas (born 1954) is the Chairman of the GSMA and until August 2015 the CEO of Telenor. • Baksaas received a Masters of Science degree from the Norwegian School of Economics and Business Administration, • Served as President and CEO of Telenor for 13 years, from June 2002 to August 2015. • Before joining Telenor, Baksaas served as CFO in both Aker ASA, Stolt-Nielsen Seaway and also Det Norske Veritas.
COMPANY BACKGROUND BASIC INFORMATION • Telenor Group is a Norwegian multinational telecommunications company headquartered at Fornebu in Bærum, close to Oslo. • Telenor owns networks in 12 countries, and has operations in 29 countries if their 33% ownership in Vimpel. Com Ltd is included. • Telenor is listed on Oslo Stock Exchange and had a market capitalization in November 2015 of kr 225 billion. • The second largest company listed on the Oslo Stock Exchange.
OPERATIONS • Mobile • Fixet-Line • Research • Machine-to-machine • Broatcast
INTERNATIONAL ACTIVITIES AND MARKETS Bangladesh Hungary Serbia Bulgaria India Sweden Myanmar Malaysia Thailand Denmark Montenegro Finland Pakistan Ukraine, Russia, Italy and other countries
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