Telenor CEO Sigve Brekke ( pictured ) said the operator group was on target to meet the NOK1 billion ($126 million) of savings planned for 2017, as the company mulls further operational efficiency moves. In an interview with Reuters, Brekke said cost-cutting measures had made an impact more quickly than first anticipated, with savings already visible in its Q2 earnings. He added more could still be done to improve Telenor's productivity and the company was in the process of assessing further ways to improve its core business.