Since Sigve Brekke's commencement date, Telenor has outperformed the S&P European Telecommunications index by 50% on a dividend-adjusted basis. "Congratulations to the board on having found a good successor. Benedicte is taking on one of the most exciting and challenging CEO positions in Norway. I've had fun at work every single day, and it is a great privilege to be CEO of an organization like Telenor, with so many talented employees. I'll give full throttle the last few months, then I'm looking forward to welcoming Benedicte to Telenor," says Sigve Brekke. Telenor is currently the only operator with a solid footprint in all Nordic markets and has delivered 5 percent mobile service revenue growth in the Nordic region for six consecutive quarters. "Sigve has done a terrific job on behalf of Telenor for several decades. His nine years as CEO have been a very demanding period for European telcos. Nevertheless, the company has grown and outperformed the industry," says Olsen.