TELNY - Telenor ASA

Other OTC - Other OTC Delayed price. Currency in USD
-0.33 (-3.22%)
At close: 03:59PM EDT
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Previous close10.26
Bid0.00 x 0
Ask0.00 x 0
Day's range9.89 - 10.00
52-week range8.55 - 13.70
Avg. volume41,666
Market cap13.83B
Beta (5Y monthly)0.08
PE ratio (TTM)38.19
EPS (TTM)0.26
Earnings dateN/A
Forward dividend & yield0.86 (8.37%)
Ex-dividend date11 May 2023
1y target est12.86
  • GlobeNewswire

    Solid strategy execution

    Today, Telenor reports its results for the first quarter of 2023. “I’m pleased to see that we have been able to demonstrate solid execution across all four business areas”, says Sigve Brekke, President and CEO of Telenor Group. “Telenor supports the rapid digitalisation of the Nordic societies through investing in 5G networks and services. The underlying mobile service revenue growth was 5 percent, and the fixed business is turning positive after completion of the copper decommissioning. This is

  • Zacks

    Are Investors Undervaluing Telenor (TELNY) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Zacks

    Zacks Industry Outlook Highlights Swisscom, Deutsche Telekom and Telenor

    Swisscom, Deutsche Telekom and Telenor have been highlighted in this Industry Outlook article.

  • Zacks

    3 Communication Stocks Set to Ride on Healthy Demand Trends

    The accelerated pace of 5G deployment and demand for scalable infrastructure should help the Zacks Diversified Communication Services industry thrive despite short-term woes. SCMWY, DTEGY and TELNY are well-positioned to make the most of the infrastructure upgrade for seamless connectivity.

  • GlobeNewswire

    Telenor announces the completion of the amalgamation of dtac and True in Thailand

    (Oslo/Singapore - 1st March 2023) Today, Telenor Asia announces the completion of the amalgamation of the telco operations of True and dtac in Thailand. The transaction is the largest telco merger in Southeast Asia by combined enterprise value. The new company, named True Corporation, is well placed to serve Thailand’s increasing demand for high-speed data and capture growth opportunities in a fast-changing digital region. According to Telenor Asia's Digital Lives Decoded 2022 survey, 82 percent

  • GlobeNewswire

    Executing on the strategy

    “The quarter represents significant progress on our new strategic roadmap towards 2025. Mobile service revenues in Telenor Nordics increased by 5 percent, demonstrating the growth potential in the region. We completed the merger in Malaysia establishing CelcomDigi as the clear market leader, we agreed on the sale of 30 percent of the Norwegian fibre business, and we completed the decommissioning of the copper network in Norway. All in the same quarter”, says Sigve Brekke, President and CEO of Te

  • GlobeNewswire

    Sale of 30% of the Norwegian Fibre business completed

    Fornebu, 1 February 2023 – Telenor today closes the transaction to divest 30 percent of newly established Telenor Fiber AS, in Norway to a consortium led by KKR, investing through its Core Infrastructure strategy, with Oslo Pensjonsforsikring as co-investor. The agreed sales price is based on an enterprise value of NOK 36.1 billion for the Norwegian fibre business which had a proforma EBITDA of NOK 1.7 billion in 2021. “This transaction is an important milestone in our new strategy of reshaping

  • GlobeNewswire

    Axiata and Telenor Announce the Successful Completion of the Celcom and Digi Merger

    (Kuala Lumpur/Singapore, 30 November 2022) Axiata Group Berhad (“Axiata”), Telenor Asia Pte Ltd (“Telenor”) and Berhad (“Digi”) announced the completion of the merger of the telco operations of Celcom Axiata Berhad (“Celcom”) and Digi (together “Celcom Digi”). With this, Axiata and Telenor (together “Parties) will both hold equal ownership in Celcom Digi at 33.1 per cent each. On completion, Axiata received newly issued Digi shares representing 33.10 percent of the enlarged share capita

  • GlobeNewswire

    Update on the transaction between dtac and True in Thailand

    On 22 November 2021, Telenor and CP Group announced their intention to support the amalgamation of dtac and True in Thailand. As part of the amalgamation, companies jointly owned by Telenor and CP Group planned to carry out a voluntary tender offer (VTO) for the shares in dtac and True under the tender offer regulation of the Securities and Exchange Commission of Thailand. The announced VTO was made subject to conditions precedent. The conditions precedent to the VTO have not been satisfied with

  • GlobeNewswire

    Improved Nordic mobile revenue trends

    “We see positive trends for mobile service revenues in the Nordic region, with a growth of 4 percent in the third quarter”, says Sigve Brekke, President and CEO of Telenor Group. For the Group, high energy prices, especially in Norway, Denmark, and Pakistan, continue to be a headwind. However, the negative effects are, this quarter, countered by a reversal of sim tax provision in Pakistan, leading to 2.5 percent EBITDA growth. Free cash flow came in at NOK 5 billion, implying a cash generation s

  • GlobeNewswire

    Telenor establishes fibre company in Norway

    (Fornebu 7 September 2022) Telenor enters into a transaction supporting future investments in Norway's telecom infrastructure. Earlier this year, Telenor initiated a process of evaluating the establishment of a passive fibre infrastructure ownership company with a minority co-investor. Telenor has now reached an agreement to divest 30 percent of the newly established company, Telenor Fiber AS, in Norway to a consortium led by KKR, investing through its Core Infrastructure strategy. The consortiu

  • Zacks

    Infosys (INFY) to Modernize Telenor Norway's IT Operations

    Infosys (INFY) collaborates with Telenor Norway to transform the latter's business model, making it a product-based digital telecommunications operator under its 'Beyond Connectivity' strategy.

  • GlobeNewswire

    Capital Markets Day: Building Telenor for the future

    (Fornebu, 20 September 2022) Today, at its Capital Markets Day, Telenor presents significant changes to ensure growth and reshape the company’s role as an enabler for digitalisation and sustainability. The company will become a leading telecom operator and infrastructure player in the Nordics and take leading positions in security and IoT services. In Asia, Telenor will, together with partners, build scale and take number one positions in several markets. “The Telenor you see today is not the Te

  • GlobeNewswire

    Changes in Telenor Group's Executive Management

    (Fornebu, 24 August 2022) Telenor is implementing changes to the Group Executive Management team to strengthen the regions in the Nordics and Asia, as well as creating new units within infrastructure and adjacent services. Digitisation is changing people's lives, and the changes that are now being made will provide more value to Telenor's customers and help them meet both new challenges and opportunities. To achieve this and position Telenor for future growth, Telenor is implementing changes to

  • Bloomberg

    99 Group Raises Funds After Carousell Takeover Talks Collapse

    (Bloomberg) -- Carousell Pte’s bid to buy property portal 99 Group fell through after the online classifieds marketplace ended talks to go public via a merger with a blank-check company, according to a person familiar with the matter.Most Read from BloombergThis Is How China Could Hit Back Over Pelosi’s Taiwan VisitPelosi Poised to Land in Taiwan as China Rips ‘Provocative’ TripWorld’s Most-Tracked Plane Is Jet That May Be Flying PelosiYou Won’t Like What Comes After Inflation99 Group terminated

  • GlobeNewswire

    Solid mobile growth

    In the second quarter, we deliver performance in line with our expectations with a 2% growth in service revenues and stable EBITDA. The headwind from copper decommissioning in Norway, high energy prices globally and expenses related to the ongoing strategic projects are compensated by positive items this quarter. “Halfway into 2022, we see businesses and consumers increasingly wanting to protect their digital assets, driving demand for our security services in the Nordic region. I am pleased to

  • GlobeNewswire

    Celcom-Digi receives regulatory clearance to move forward with merger in Malaysia

    (Oslo/Singapore, 29 June 2022) Telenor Group’s Malaysian subsidiary Digi.Com Berhad (“Digi”), and Axiata Group Berhad announced today that they have received a Notice of No Objection from the Malaysian Communications and Multimedia Commission (“MCMC”) on the proposed merger of Celcom and Digi’s telco operations. With this notice the MCMC consents for the parties to advance to the next phase of the proposed transaction. The completion of the proposed transaction will now be subject to the approva