Telenor Cinclus is a Norwegian

Norway

Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...

 supplier of automatic meter reading

Automatic meter reading

Automatic meter reading, or AMR, is the technology of automatically collecting consumption, diagnostic, and status data from water meter or energy metering devices and transferring that data to a central database for billing, troubleshooting, and analyzing.This technology mainly saves utility...

. Products are marketed as Cinclus Technology. The company is owned by Telenor

Telenor

Telenor Group is the incumbent telecommunications company in Norway, with headquarters located at Fornebu, close to Oslo. Today, Telenor Group is mostly an international wireless carrier with operations in Scandinavia, Eastern Europe and Asia, working predominantly under the Telenor brand...

 (66%) and Skagerak Energi

Skagerak Energi

Skagerak Energi is a Norwegian utility company. The company's main focus is production and distribution of electrical power and other energy, in addition to business areas related to this...

 (34%), the latter being a subsidiary of Statkraft

Statkraft

Statkraft is a Norwegian state owned electricity company. With a total energy production of 44.9 TWh in 2007, the Statkraft Group is the third largest energy producer in the Nordic region, as well as the largest energy producer based on renewable energy sources in Europe,consisting of 40% of the...

. Telenor Cinclus is based at Fornebu

Fornebu

Fornebu is a peninsular area in the suburban municipality of Bærum in Norway, bordering western parts of Oslo.Oslo Airport, Fornebu served as the main airport for Oslo and the country since before WWII and until the evening of October 7, 1998, when it was closed down...

 outside Oslo

Oslo

Oslo is a municipality, as well as the capital and most populous city in Norway. As a municipality , it was established on 1 January 1838. Founded around 1048 by King Harald III of Norway, the city was largely destroyed by fire in 1624. The city was moved under the reign of Denmark–Norway's King...

, Norway. Additional offices are located in Lillehammer

Lillehammer

is a town and municipality in Oppland county, Norway, globally known for hosting the 1994 Winter Olympics. It is part of the traditional region of Gudbrandsdal. The administrative centre of the municipality is the town of Lillehammer. As of May 2011, the population of the town of Lillehammer was...

, Stockholm, Sweden

Stockholm

Stockholm is the capital and the largest city of Sweden and constitutes the most populated urban area in Scandinavia. Stockholm is the most populous city in Sweden, with a population of 851,155 in the municipality , 1.37 million in the urban area , and around 2.1 million in the metropolitan area...

 and Vaasa, Finland

Vaasa

Vaasa is a city on the west coast of Finland. It received its charter in 1606, during the reign of Charles IX of Sweden and is named after the Royal House of Vasa...

.

In 2006, Telenor Cinclus signed an agreement with the energy companies E.ON

E.ON

E.ON AG, marketed with an interpunct as E•ON, is the holding company of the world's largest investor-owned energy service provider based in Düsseldorf, Germany. The name comes from the Greek word aeon which means eternity....

 and Fortum

Fortum

Fortum Oyj is a Finnish publicly listed energy company, which focuses on the Nordic and Baltic countries, Poland and the north-west of Russia. After acquisition of Russian energy company TGC-10 in year 2008, Western Siberia has become an important operating area for Fortum. The head of the company...

in Sweden to install 800,000 readers. The investment cost , but Telenor failed to correctly estimate the cost of installing the readers in each home. In 2007, the company lost NOK 300 million.