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January 1970

Telenor ranked world best Mobile Telecom Company

Telenor ranked world best Mobile Telecom Company

Islamabad (FEB 25, 2008) Telenor has been ranked World Best Mobile Telecom Company by Sustainability Yearbook 2008, one of the world's most recognised and insightful publications on corporate sustainability. The sustainability Yearbook assesses and documents the sustainability performance of more than 1000 companies from 57 specific sectors based on a wide range of economic, environmental and social criteria. The company already ranks number one on the prestigious Dow Jones Sustainability Indexes (DJSI) in mobile telecommunications ahead of 13 leading mobile operators worldwide. The indexes rank companies worldwide based on their performance according to economic, environmental and social criteria.

Telenor was also awarded two new titles for the Mobile Telecom sector. The Sector Leader award identifying the company best prepared to seize the opportunities and manage the risk deriving from sector-specific economic, environmental and social developments, and Sector Mover award for proportionally improving its sustainability performance the most since last year.

Tore Johnsen, CEO Telenor Pakistan said, The award recognises Telenor Group continuous work with corporate responsibility. Telenor operations around the world are trying to systematically create shared value for the communities they work in. Corporate responsibility is not an add-on or an afterthought but an essential element of how the company behaves over all.

Telenor Pakistan community development programs run in the areas of emergency communications and education, empowerment, enterprise and environment with a focus on bringing the telecom promise within the grasp of the most disadvantaged sections of the society.

Behind the yearbook are PriceWaterhouseCoopers and Sustainable Asset Management (SAM). The distinctions also reflect Telenor results on the Dow Jones Sustainability Indexes (DJSI) ahead of BCE, Vodafone Group and SK Telecom. Every Year the 2,500 largest companies (based on the Dow Jones Global Index) are invited to participate in SAM Corporate Sustainability Assessment. Only the top 15% of each of the 57 SAM sectors qualify for inclusion in the Sustainability Yearbook.

Telenor ASA is an international provider of high quality telecommunications, data and media communication services. It ranks as world 7th largest mobile operator with a total of 143 million subscribers in its mobile operations. Telenor Pakistan is 100% owned by Telenor ASA and adds on to its operations in Asia together with Thailand, Malaysia and Bangladesh.

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