Telenor Satellite Services Unveils New Web-Based Account Management Tool; My Source™ Allows Telenor Users to Manage Their Satellite Communications Online; Service Includes Web Dial - Telenor's Exclusive Global Internet Call Feature

Business Wire, Nov 9, 2005

OSLO, Norway & ROCKVILLE, Md. -- Telenor Satellite Services, a subsidiary of Telenor of Norway (Oslo Stock Exchange:TEL and NASDAQ:TELN), today launched My Source(TM), a new online account management tool giving Telenor users more control of their satellite communications budget.

This new value added business tool offers customers of Telenor Service Providers using Telenor's satellite products and services a full range of service management capabilities. My Source enables users to manage the use of satellite terminals and phones, select prepaid plans, automatically reload prepaid cards, and accurately view current call data.

My Source also features Web Dial, an exclusive service from Telenor Satellite Services, that allows users to set up calls to anywhere in the world via the Internet. Web Dial permits users to manage a list or group of numbers that are accessed via an Internet browser to establish individual or conference calls. Also, because calls are routed through a Telenor global teleport, there is no special international access dialing required.

"My Source is designed to help the customers of Telenor's Service Providers manage their communications resources in real-time, saving them time and money," said Anders Kallerud, vice president of Telenor Satellite Services. "With this dynamic new tool, we have made it very easy for our Service Providers and their customers to have direct electronic access to modify their accounts, immediately view call data, and subscribe and unsubscribe to services."

My Source can also be custom branded with a company's name and logo, so Telenor Service Providers have the option of promoting the look and feel of their own brand and image with their customers accessing this tool.

For more information on My Source(TM) and Telenor Satellite Services' portfolio of broadband and on demand communications via satellite contact Telenor's Customer Care Center at customercare@telenor-usa.com.