• 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

Savor the Simple Life in Belize for $1,500 a Month or Cheaper

January 21, 2026

Social Security Is Changing How It Handles Your Case — Why Experts Are Worried

January 21, 2026

The Great Wealth Transfer’s Hidden Housing Problem

January 20, 2026
Facebook Twitter Instagram
Trending
  • Savor the Simple Life in Belize for $1,500 a Month or Cheaper
  • Social Security Is Changing How It Handles Your Case — Why Experts Are Worried
  • The Great Wealth Transfer’s Hidden Housing Problem
  • Afraid You Won’t Be Able to Afford to Retire? These 10 States Are Your Best Bet
  • Workers Brace for Uncertainty, Prioritize Stability in 2026
  • The Main Reason Not To Retire
  • How to Make Your Money Last Decades Longer (Without Getting a Job)
  • These Jobs Pay Six Figures in 2026 — and It’s Relatively Easy to Land One
Thursday, January 22
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
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, 20231 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

Savor the Simple Life in Belize for $1,500 a Month or Cheaper

Burrow January 21, 2026

Social Security Is Changing How It Handles Your Case — Why Experts Are Worried

Make Money January 21, 2026

Afraid You Won’t Be Able to Afford to Retire? These 10 States Are Your Best Bet

Burrow January 20, 2026

Workers Brace for Uncertainty, Prioritize Stability in 2026

Make Money January 20, 2026

How to Make Your Money Last Decades Longer (Without Getting a Job)

Burrow January 19, 2026

These Jobs Pay Six Figures in 2026 — and It’s Relatively Easy to Land One

Make Money January 19, 2026
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Social Security Is Changing How It Handles Your Case — Why Experts Are Worried

January 21, 20261 Views

The Great Wealth Transfer’s Hidden Housing Problem

January 20, 20261 Views

Afraid You Won’t Be Able to Afford to Retire? These 10 States Are Your Best Bet

January 20, 20262 Views

Workers Brace for Uncertainty, Prioritize Stability in 2026

January 20, 20261 Views
Don't Miss

The Main Reason Not To Retire

By News RoomJanuary 19, 2026

What is one of the first things we ask people when we meet them? “What…

How to Make Your Money Last Decades Longer (Without Getting a Job)

January 19, 2026

These Jobs Pay Six Figures in 2026 — and It’s Relatively Easy to Land One

January 19, 2026

Why Experts Hate Trump’s New 401(k) Homebuying Plan

January 18, 2026
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2026 FintechoPro. All Rights Reserved.

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