Board of directors



Education: B. Sc from St John’s University, New York. MBA from Insead.

Advisor at Verdane Capital, formerly managing partner.

Board: Chairman in Napatech AS. Board member: The Future Group AS, Carn Captial AS, Arundo Analytics Inc.


Aril Resen is a co-founder of Telio. He has been on the board of directors since the inception in 2003. Resen's background is as an entrepreneur and angel investor in several technology companies.

He holds an MBA (SFSU San Francisco) 1990. He has previously worked at the San Francisco Stock Exchange, derivatives floor and as a stockbroker for Alfred Berg Norge AS.

Shares: 1.500.000 (indirectly via Xfile AS)


Ellen Hanetho was elected to the board of directors of Telio Holding ASA in May 2013. She is the CEO of Frigaard Invest AS, an Oslo based investment company within Frigaard Gruppen. Previously, she was a partner in Credo Partners AS (2013-2012) and a senior associate in Goldman Sachs International (1997-2002).

Ellen holds an MBA from Solvay Business School (1996) and a BSBA in Business and Administration from Boston University (1995). Ellen Hanetho serves on the board of directors of Crudecorp ASA, Fearnley Securities AS and Fearnley Finans AS.


Espen Fjogstad is a private investor and founder of several technology companies, including co-founder of Telio and former CEO of the company.

Education: M. Sc from NTNU. MBA from Insead.

Shares: 750,000 (through Synesi AS)


Kari Mette Toverud is Director of Communications at Norkart AS. Ms. Toverud has worked in the telecom and datacom sectors for the past 20 years: Communication and Marketing Director at Broadnet and Ventelo from 2011 to 2014 and held the same position at Network Norway from 2006 to 2011). She was COO at Cloudberry Mobile from 2014 to 2015 and has held top management positions at Telenor Media, Telenor Mobil and Telenor Nordic Mobile (1995–2006). She has also served on a number of board, notably Telenor Eiendom, Telenor Norge and Telenor Key Partner, and currently sits on the boards of Systek AS and Norwegian Golf Federation. Ms. Toverud has a Master of Business and Marketing/Handeløkonom from BI Norwegian Business School/Handelsakademiet (1987 – 1991). 

377,000 customers in total

(Customer figures last updated as per Q4/16)

Norway consumer

Broadband 123,100

VoIP 53,000

Mobile 40,200

TV 16,700

Norway business

Internet 17,900

VoIP 10,500

Mobile 16,400

International markets

Netherlands 82,100

Denmark 11,800

Switzerland 5,000

NextGenTel Holding ASA | Harbitzalleen 2A, 0275 Oslo | Postboks 54 Skøyen, 0212 Oslo | Telephone: (+47) 21 96 49 09 | | Design and development: Byte
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