Telenor and Cisco introduce "WorkingGroupTwo" (San Jose

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
119
Telenor and Cisco introduce "WorkingGroupTwo"

(San Jose and Fornebu, October 5, 2017)   - Telenor Group and Cisco today announced their support to launch " WorkingGroupTwo " (WG2), a new business entity that will offer mobile operators a cloud solutions platform designed to radically increase product innovation and reduce time to market.

Many mobile operators have struggled to bring new innovative services to market fast enough. The launch of the WG2 platform will help accelerate the pace of product innovation in order to stay relevant for customers. Using the platform, mobile operators will be able to quickly launch new services across IoT and other industry verticals, and better position their business to sell to enterprise customers. 

"The "WorkingGroupTwo" platform is a Telenor innovation. I am proud that we as a company are able to leverage new technologies to make a pioneering telco platform with the potential of bringing the whole industry forward. We are firmly committed to supporting "WorkingGroupTwo", and want to give the entity the freedom to unleash wider industry eco-system dynamics. For this reason we have also set up a strong global partnership with Cisco," said Sigve Brekke, CEO of Telenor Group.

"Cisco's partnership with Telenor to launch "WorkingGroupTwo" demonstrates how we are driving positive change for our customers," said Chuck Robbins, CEO of Cisco.  "Our joint efforts will help mobile operators automate the delivery of mobile cloud services and deliver innovation at a faster pace."

Erlend Prestgard has been appointed CEO of "WorkingGroupTwo".

 "Our aim for the new company is that it will bring the internet ecosystem dynamics closer to the telco industry. We want it to be easy to become an operator, and to make new products. Our mission is to expose the powerful capabilities of operators to a wider community, and together with partners, we hope to build products that consumers have never seen before," said Prestgard.

Press contacts:  Atle Lessum, VP, Telenor Group Communications al@telenor.com / +47 415 05 645

Sara Cicero, Sr. PR Manager, Service Provider Business, Cisco  stutzes@cisco.com / +1 770 236 2181

Erlend Prestgard, CEO, "WorkingGroupTwo" erlend@wgtwo.com / +47 454 29 555

About Telenor Telenor Group is one of the world's major mobile operators. We keep our customers connected in 13 markets across Scandinavia, Central Eastern Europe, and Asia. More than 30,000 employees are committed to responsible business conduct and being our customers' favourite partner in digital life. Connecting the world has been Telenor's domain for more than 160 years, and we are driven by a singular vision: to empower societies. 

About Cisco Cisco (NASDAQ: CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow's digital opportunity today. Discover more at newsroom.cisco.com and follow us on Twitter at @Cisco.

About "WorkingGroupTwo" (WG2) "WorkingGroupTwo" is a company offering a mobile-core-network as-a-service and as-a-platform. WG2 combines the use of modern technologies with the reach of mobile operators to create new offerings. Our purpose is to radically enhance the innovation capacity of the mobile industry by making mobile telecom services even more relevant and useful to customers. Board and employees own about 5% of the company, with Telenor and Digital Alpha LLC owning the remaining shares in equal proportion. Birger Magnus has been appointed Chairman of the Board of WG2.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Northwood's $375M Boost: Satellite Network Expansion

Updated Category News Views 93

Northwood's Bold Leap into Space Connectivity Here's a nugget of info that could jolt your morning coffee: Northwood Space Corp—yeah, the folks linking satellites to Earth—just pulled in a whopping $375 million in Series C funding. This ain't your average capital injection; it's a full-throttle push to broaden their ground network reach and revamp space...

Continue Reading
E-commerce Player Temu Protects GIs in New Partnership

Updated Category News Views 103

Temu Takes Action on Geographical Indications You ever get the feeling some companies actually give a damn about what they’re selling? Well, Temu's making moves that seem to argue just that. By stepping into the fold with oriGIn, the global network protecting Geographical Indications (GIs), Temu is staking its claim on protecting authenticity in the vast e-commerce...

Continue Reading
Sirolimus-Coated Balloon Shows Promise in TRANSFORM II

Updated Category News Views 96

Breaking Down the TRANSFORM II Trial Innovation never rests, folks, especially when it comes to treating coronary artery disease. Right on cue, the TRANSFORM II trial's results have hit the airwaves, marking a significant milestone with its implant-free MagicTouch Sirolimus-Coated Balloon (SCB) strategy. Getting the Lay of the Land This wasn't just some backyard...

Continue Reading
Timing Key for Cost-Effective Car Shipping: Jackie Ramirez

Updated Category News Views 33

The Wisdom of Early Car Shipping Planning If there's one thing I've learned through years of trading ticks and ticks of the clock in the market, it's that timing can make or break you. Well, seems like those same lessons carry over to the world of getting your ride from A to B. The skinny from HelloNation's latest piece featuring vehicle transport guru Jackie Ramirez is...

Continue Reading
Millions Tune In to 'Dedicate' Premiere in Manila

Updated Category News Views 314

Gathering for a New Kind of Celebration With a buzz louder than a crowded trading floor on a bull day, folks are flocking to catch the ripple effect of "Dedicate." Over 2 million views already, and it hasn't even hit the major radar yet—that's some serious fire in the storytelling world. The premiere in Manila, held at the Missionary Training Center (MTC), was no small...

Continue Reading
Chicken Salad Chick's Utah Expansion: The Next Course

Updated Category News Views 89

A New Serving in Spanish Fork Chicken Salad Chick is taking another bite out of the Utah market with the opening of its second location in Spanish Fork. On deck for a November 17 debut, this fast-casual chain is serving up not just chicken salad, but a hefty dose of Southern hospitality and promotional giveaways to boot. The big hook? Be among the first 100 patrons and...

Continue Reading
Allegiant Overhauls Service with UNLV Training

Updated Category News Views 44

Allegiant Airlines and UNLV: A Unique Collaboration The world of airline customer service is about to get a shakeup, thanks to a new collaboration between Allegiant Airlines and the University of Nevada, Las Vegas' renowned William F. Harrah College of Hospitality. It's a partnership that aims to bring a new level of service to the skies, guided by some of the best minds...

Continue Reading
Northwind Backs Huge Office-to-Residential Overhaul

Updated Category News Views 0

In the Heart of Midtown: A Major Overhaul I'm telling ya, if there's a piece of news that makes me sit up straight this morning over the breakfast bar, it's this colossal $231 million construction loan announcement by Northwind Group. They're turning 675 Third Avenue, a towering 32-story office behemoth smack in Midtown, into residential apartments. Right here in...

Continue Reading
Texas A&M, Natura Tackle Nuclear Waste Recycling

Updated Category News Views 59

Ambitious Nuclear Fuel Recycling Underway Talk about turning trash into treasure. Natura Resources has teamed up with Texas A&M in a bold project aiming to recycle nuclear waste into usable fuel for new reactors. They've got federal backing to the tune of $5.4 million, courtesy of the U.S. Department of Energy. This effort to harness old nuclear waste has the potential to...

Continue Reading
TalentNeuron Enhances Workforce Planning with New Tools

Updated Category News Views 71

A Game Changer for Workforce Strategy You ever get the feeling businesses treat workforce planning like a jigsaw puzzle, except the pieces change shape daily? Well, TalentNeuron's out here flipping the table by introducing some fancy new capabilities that'll make those pieces fit a whole lot easier. Yeah, it's about time someone thought to merge continuous workforce...

Continue Reading

Top 5 Most Recently Viewed Articles

Incannex Appoints Experienced Medical Leader as New CMO

Updated Category News Views 94

Incannex Welcomes Dr. Lou Barbato as Chief Medical Officer Incannex Healthcare Inc. (NASDAQ: IXHL), a clinical-stage biopharmaceutical company dedicated to developing cutting-edge medicines for individuals with chronic illnesses, has appointed Lou Barbato, M.D., as its new Chief Medical Officer (CMO). Dr. Barbato's extensive history in drug development spans various...

Continue Reading
West Pharmaceutical Services Welcomes New CFO Robert McMahon

Updated Category News Views 455

West Pharmaceutical Services Welcomes Robert McMahon West Pharmaceutical Services, Inc. (NYSE: WST), a leader in injectable drug administration solutions, has recently appointed Robert McMahon as the new Chief Financial Officer (CFO), starting on August 4, 2025. Mr. McMahon takes over the CFO role from Bernard Birkett, who will transition to a Senior Advisor position to...

Continue Reading
Wrapped Bitcoin Sees 3.5% Price Surge in Latest Trading

Updated Category News Views 151

Wrapped Bitcoin Sees Significant Price Surge In an exciting development, Wrapped Bitcoin has seen an impressive 3.5% price increase in just the last 24 hours, now trading at an impressive $57,716.00. This upward movement follows a steady trend over the previous week, where the coin posted a solid 3.0% gain, rising from $56,402.62 to its current price. The cryptocurrency...

Continue Reading
Nozomi Networks Earns Leader Status in CPS Protection Quadrant

Updated Category News Views 194

Nozomi Networks Achieves Leader Recognition in CPS Protection Nozomi Networks, a leader in operational technology (OT), Internet of Things (IoT), and cyber-physical systems (CPS) security, has received commendations from industry analysts for its innovative capabilities. This accolade positions Nozomi at the forefront of protecting critical infrastructures against cyber...

Continue Reading
SATO Corporation Reports Remarkable Growth and Challenges Ahead

Updated Category News Views 229

SATO Corporation Interim Report Analysis SATO Corporation recently released its interim report, showcasing significant developments and challenges within the housing rental market. With an economic occupancy rate climbing to 95.4%, a slight improvement over the previous year, SATO continues to strengthen its position as a leading rental housing provider. Key Financial...

Continue Reading