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Mats Lundquist appointed new CEO of Telenor Connexion
Telenor Connexion, the leading enabler of connected business solutions, today announced that it has appointed Mats Lundquist as new CEO while Per Simonsen will take on a new position within Telenor Group to further strengthen its global Internet of Things business.
"I am very pleased with the appointment of Mats Lundquist as CEO of Telenor Connexion. Mats has 15 years of operational experience in the telecom industry including positions as Head of Telenor Sweden's Broadband & TV Division and Head of the Business Division. He has worked strategically with fixed and mobile B2B solutions as well as system integration with extensive experience of M&A and international partnerships. I am confident that he and the entire organization will further strengthen Telenor Connexion's position as the leading enabler of connected business solutions for IoT and M2M applications globally," said Henrik Clausen, EVP and Head of Telenor Strategy & Digital of Telenor Group.
"Telenor Connexion has a strong position internationally within IoT and a unique position in Sweden with eight out of ten subscriptions in the market. I am very excited about joining Telenor Connexion and look forward to take on the challenge to achieve an even greater market share in this fast growing market, said incoming CEO Mats Lundquist.
Lundquist joined Telenor in 2007. Prior to Telenor he held positions as CEO at TDC Song, Song Networks and Vattenfall's telecom business. Mats started his career at McKinsey working as a strategy consultant for eight years.
Lundquist replaces Per Simonsen, who was recently appointed Senior Vice President Internet of Things in Telenor Strategy and Digital within Telenor Group. In his new role Simonsen will be responsible for strengthening and developing Telenor's global IoT business, of which Telenor Connexion is a part. Simonsen will continue as a member of the Telenor Connexion board and will take on his new role on 1 September 2015.
"Under Per's leadershipTelenor Connexion has developedfrom a startupinto one of themost importantplayersin its field. The company has capitalized on its extensive experience, dedicated employees and strong position with customers and taken significant steps forward in terms of both growth and financial strength. On behalf of Telenor Group, I would like to thank Per for nearly seven years of significant execution and wish him all the best in his new role," said Henrik Clausen.
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