Telenor Chooses Verizon Global Wholesale to Serve Norwegian-Based Multinational Enterprises

Telenor is collaborating with Verizon Global Wholesale to give Telenor's Nordic customers seamless access to a global network.

Under a new agreement, Telenor will be able to resell Verizon Global Wholesale's international Private IP as part of Telenor's customer solution portfolio. Telenor customers will therefore have a single point of contact for their global communications needs, and seamless and secure access from Telenor's existing Nordic Connect wide area network to the rest of the globe.

In addition, by linking into Verizon's multiprotocol label switching (MPLS) network, which provides high capacity and reliability, Telenor will also be able to offer its customers enhanced communications services on a global scale.

"This collaboration with Telenor is a great example of how Verizon is helping its wholesale customers expand their global reach and gain control over capital expenses while maximizing their capabilities," said Mike Millegan, president of Verizon Global Wholesale. "We look forward to working with Telenor to help expand its global customer base."

Bjørn Ivar Moen, vice president product & business development, Telenor Norway, said: "We were looking for a partner with the reach and capabilities to help us expand the services we offer to our customers.  In Verizon, we have found a team that really understands our needs and can make a great difference to our business."

The Telenor Group provides telecom, data and media communication services in the Nordic region, Central and Eastern Europe, and Asia and is one of the leading mobile operators in the world, with 133 million mobile subscriptions. Verizon Global Wholesale offers high-quality wholesale voice, data and Internet services on one of the world's largest and most reliable IP backbone networks to telecommunications carriers, ISPs, wireless providers and telecom resellers around the globe.

For more information about Verizon Global Wholesale, visit Verizon Global Wholesale

About Telenor
Telenor Group is an international provider of tele, data and media communication services. Telenor Group has mobile operations in 11 markets in the Nordic region, Central and Eastern Europe and in Asia, as well as an economic stake of 31.67 per cent in VimpelCom Ltd., operating in 19 markets. Headquartered in Norway, Telenor Group is one of the world's major mobile operators with 133 million mobile subscriptions in its consolidated operations per Q3 2011, revenues in 2010 of NOK 95 billion, and a workforce of approximately 31,000 man-years. For more information about Telenor Group, please visit www.telenor.com

About Verizon
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers.  Verizon Wireless operates America's most reliable wireless network, with more than 107 million total connections nationwide.  Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries, including all of the Fortune 500.  A Dow 30 company with $106.6 billion in 2010 revenues, Verizon employs a diverse workforce of more than 195,000.  For more information, visit www.verizon.com.