August 22, 2017 / 1:48 PM / 7 months ago

Telenor CEO says 5G to come gradually, not via mass investment

OSLO (Reuters) - Norway’s Telenor expects investments in so-called fifth-generation mobile phone networks (5G) to be more gradual than the rapid roll-outs of earlier networks, Chief Executive Sigve Brekke told a conference in Oslo on Tuesday.

FILE PHOTO: Telenor flag flutters next to the company's headquarters in Fornebu, Norway, June 1, 2017. REUTERS/Ints Kalnins/File Photo

The company has about 174 million mobile phone subscriptions across 13 markets in Scandinavia, Asia and its Central-Eastern Europe region. Brekke made the following statements regarding 5G networks:

Reporting by Joachim Dagenborg, editing by Terje Solsvik

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