ABOUT TELENOR NEWS NEWS AND PRESS RELEASES TELENOR AND DIRECT GROUP FOUND JOINT VENTURE TELENOR DIRECT
Telenor and Direct Group found joint venture Telenor Direct
Telenor continues to invest in Serbia
November 3, 2008 - Tlenor d.o.o. and Direct Group established a joint venture company Telenor Direct with the intention of further developing the availability of Telenor services to customers all over the country.
The new company will be the main vehicle for the distribution of Telenor prepaid packages, recharge cards and electronic top-ups, as well as ship-to-order services. Thanks to “Telenor Direct“, Telenor products will reach a wider audience in Serbia with increased quality.
“I am thrilled that this joint venture will increase the quality of service, speed and accuracy to our customers. The employees in Telenor Direct will now be part of the Telenor family and be able to participate in our training programs, events, etc.”, says Christopher Laska, Telenor Chief Corporate Affairs Officer.
This joint venture, one more Telenor investment in Serbia, is another confirmation of Telenor’s long-term commitment to doing business in our country. It will create significant synergy, strengthen distribution capabilities and enable Telenor to focus on their core business. Telenor Direct will take over the responsibility for a route to market in a defined segment and within the defined portfolio.
“For Direct Group, this step is a great recognition and proof of Total Supply Chain Concept as the company’s strategic platform as well as a logical step in a further integration and business scope extension within Telenor.I’m aware that with Telenor direct we have created a win-win solution, for Telenor, Direct Group and most important, for our clients and customers”, says Nikola Mandić, Direct Group CEO.
In the successful two-year cooperation of these two companies, Telenor Direct is a logical step forward. With a controlling ownership stake, Telenor will have direct influence on business decisions of the new company, its values, business culture and visual identity, together with Direct Group. Telenor Direct has 130 employees and is covering more then 19,000 points of sale.
By joining its international experience in the distribution of telecommunications products and services with the Direct Group supply chain expertise and state-of-the-art distribution infrastructure, Telenor will offer its users a new customer experience, simplicity and speed in the availability and purchase of services. Development of this cooperation will influence the expansion of distribution of the existing and new products and services. One of the expected results is the opening of new sales and work places.