Telenor Group today announced that it has nominated Morten Karlsen Sorby to become the new chief executive officer, Uninor, effective immediately.
Morten Karlsen Sorby steps into the role just as Uninor reached cash flow break even at the end of 2013, on target after only four years of operation. Morten Karlsen Sorby replaces Sigve Brekke who has served as interim CEO of Uninor since early November last year.
Morten Karlsen Sorby, a Norwegian national, brings significant operational and strategic mobile telecommunications experience to Uninor. He joined Telenor in 1993 and has been a member of the group’s executive management team since 2003. He most recently served as the executive vice president in charge of corporate strategy and regulatory affairs in Telenor Group.
Morten was previously executive vice president and head of the Norwegian and Nordic mobile and fixed network operations of Telenor. Morten holds a Master of Science in Business Administration from the Norwegian School of Economics, has additional education from IMD in Switzerland and is a state-authorized public accountant in Norway.
“Uninor enjoys a firm market position in India as a leading mass-market, best-on-value operator. When Morten Karlsen Sørby now steps into the role as CEO of Uninor, he will meet an organization that is highly energized, market-savvy and possesses a tremendous innovative spirit. Morten’s vast experience from the global mobile industry and solid leadership skills will inject new energy and further insights into the already empowered Uninor team,” said Jon Fredrik Baksaas, president and chief executive officer, Telenor Group.
“Uninor’s journey has just begun. We will continue to build on the company’s competitive spirit and innovation skills to capture new ground, both in basic services and by providing affordable internet services to the masses,” said Morten Karlsen Sorby, CEO, Uninor.
“The strategy is clear and our model is proven. My job will be to deliver on this strategy alongside the management team and every single Uninor employee. I have actively contributed to the development of our India operations since we first entered in 2008, and now I look forward to joining the remarkable Uninor organization,” added Sorby.
Morten Karlsen Sørby’s nomination as CEO of Uninor is subject to regulatory approvals. Sigve Brekke continues as earlier in his role as executive vice president and head of Telenor Group’s Asia Operations.
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