Solutions For RealSolutions For Real
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Nissan Is Laying Off 20,000 Workers In the Next Two Years

May 14, 2025

Former Trader Joe’s Employee Grew Her Side Hustle to $20M

May 14, 2025

$100 Million Deli Fraudster Sentenced to Prison

May 14, 2025
Facebook Twitter Instagram
Trending
  • Nissan Is Laying Off 20,000 Workers In the Next Two Years
  • Former Trader Joe’s Employee Grew Her Side Hustle to $20M
  • $100 Million Deli Fraudster Sentenced to Prison
  • The Secrets to Success for Alexander’s Patisserie
  • The Mistakes We Don’t Know We’re Making
  • Trump Administration to Start Garnishing Wages for Defaulted Student Loan Borrowers
  • How to Answer Interview Questions About Career Goals
  • 9 Sneaky Budget Fixes the Rich Swear By
Wednesday, May 14
Facebook Twitter Instagram
Solutions For RealSolutions For Real
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
Solutions For RealSolutions For Real
Home » In AI push, Telenor hires Google Cloud’s Amol Phadke as CTO
Investing

In AI push, Telenor hires Google Cloud’s Amol Phadke as CTO

News RoomBy News RoomAugust 22, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

© Reuters. FILE PHOTO: Telenor logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration

OSLO (Reuters) – Norwegian telecoms firm Telenor has recruited Google (NASDAQ:) Cloud’s Amol Phadke as its new Chief Technology Officer (CTO) to strengthen its AI activities, Telenor said on Tuesday.

Phadke most recently headed Google Cloud’s telecom business and has previously worked for British Telecom, Alcatel-Lucent (EPA:) and Accenture (NYSE:)’s network services unit.

“He knows the challenges that a legacy business such as ours has, and it’s important that Telenor will continue to be on the forefront of the technology change,” Telenor CEO Sigve Brekke told Reuters in an interview.

Telenor partnered up with Google Cloud in 2021 to digitalise its global operations exploring ways to jointly offer services to customers, part of its ongoing digital transformation plan.

AI can be used to collect data to be used to train predictive models that automate core functions within companies, or their customers.

Brekke said Telenor needs to prioritise speedy innovation and forming partnerships to transform the traditional telecom company, although it started using AI 10 years ago and applied it to make the networks more energy-efficient.

He said he wanted Telenor “to use AI in all of our operations to make operations more efficient, develop new products, increase energy efficiency.”

Phadke said Telenor would use AI will to make business operations more efficient, for example to predict traffic demand and allocate more bandwidth to areas with more users, and to improve interactions with customers.

Telenor will not cut jobs as a result of implementing AI, he said.

“We do not believe that AI will directly result in job reductions,” Phadke said, adding he envisaged using AI to augment and enhance, not substitute, humans in processes.

“I think I think overall as an industry, the adoption has been slow but that’s because the nature of the industry is highly competitive, most things take time because it’s a huge legacy,” Phadke said.

The company also said it had appointed Petter-Boerre Furberg as head of its key Asia unit.

Furberg, who has previously held senior Telenor management positions in Myanmar, Bangladesh and Thailand, replaces Joergen C. Arentz Rostrup in the role, while Rostrup will replace Furberg as head of Telenor Nordics.

Last year, Telenor completed a $15 billion merger to form a telecoms leader in Malaysia, and completed a $8.6 billion deal in Thailand in March this year.

“After completing the two biggest telco mergers in Southeast Asia and setting up and implementing a strong and future-proof organisation in the region, (Rostrup) will now return to the Nordics,” Brekke said in a statement.

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Nissan Is Laying Off 20,000 Workers In the Next Two Years

Make Money May 14, 2025

Former Trader Joe’s Employee Grew Her Side Hustle to $20M

Investing May 14, 2025

$100 Million Deli Fraudster Sentenced to Prison

Make Money May 14, 2025

The Secrets to Success for Alexander’s Patisserie

Make Money May 14, 2025

Trump Administration to Start Garnishing Wages for Defaulted Student Loan Borrowers

Burrow May 13, 2025

How to Answer Interview Questions About Career Goals

Make Money May 13, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Former Trader Joe’s Employee Grew Her Side Hustle to $20M

May 14, 20250 Views

$100 Million Deli Fraudster Sentenced to Prison

May 14, 20250 Views

The Secrets to Success for Alexander’s Patisserie

May 14, 20250 Views

The Mistakes We Don’t Know We’re Making

May 13, 20250 Views
Don't Miss

Trump Administration to Start Garnishing Wages for Defaulted Student Loan Borrowers

By News RoomMay 13, 2025

Damir Khabirov / Shutterstock.comAdvertising Disclosure: When you buy something by clicking links within this article,…

How to Answer Interview Questions About Career Goals

May 13, 2025

9 Sneaky Budget Fixes the Rich Swear By

May 13, 2025

9 Rules Every Savvy Saver Breaks About Saving Some Money

May 13, 2025
About Us
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

Nissan Is Laying Off 20,000 Workers In the Next Two Years

May 14, 2025

Former Trader Joe’s Employee Grew Her Side Hustle to $20M

May 14, 2025

$100 Million Deli Fraudster Sentenced to Prison

May 14, 2025
Most Popular

American Eagle’s stock takes flight after Wall Street’s biggest bear says its time to stop selling

November 16, 20232 Views

Is Freecash.com Legit? My Honest Review

June 17, 20241 Views

Nissan Is Laying Off 20,000 Workers In the Next Two Years

May 14, 20250 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 Solutions For Real. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.