Telenor says it intends to use parts of the proceeds for share buybacks to mitigate the effects of the new minority interests. Telenor's Board of Directors will hence ask the General Meeting for a share buyback mandate amounting to around 30% of the proceeds. The agreement also includes a right for Telenor to acquire the minority stake in the event of a potential future sale. Considering national and societal interest, Telenor and the government have also entered into an agreement that provides the government with the opportunity to exercise the right to acquire the minority stake if Telenor chooses not to.