Business Services Industry

Telenor ASA subsidiary signs cellular network contract for 21 cruise ships

Nordic Business Report, Jan 2, 2008

NORDIC BUSINESS REPORT-2 January 2008-Telenor ASA subsidiary signs cellular network contract for 21 cruise ships(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Norwegian telecomms group Telenor ASA said on Wednesday (2 January) that its fully-owned subsidiary Maritime Communications Partner AS (MCP) has signed a contract to install and operate the cellular network onboard all ships in Princess Cruises, Cunard Lines and P&O Cruises Australia's fleet.

The agreement covers 21 ships at the signing of the contract. The fleet of cruise ships has a total passenger capacity of approximately 45,000 people, as well as a crew of 20,000.

The MCP service will allow everyone onboard to use their own mobile phones when sailing, Telenor said.

MCP is the global maritime cellular operator focused on providing cost effective GSM and CDMA communications solutions specially created to fulfill the requirements of the shipping industry.

Telenor is a mobile operator, with nearly 83m subscribers in 12 countries and a provider of television services in the Nordic region. Telenor has some 27,600 employees and annual revenues of nearly NOK70bn. Telenor is listed on Oslo Stock Exchange under the ticker 'TEL' and on Nasdaq under the ticker 'TELN'.

One British pound (GBP) is worth approximately 10.86 Norwegian kroner (NOK).

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