Business description: Telenor ASA

Telenor ASA is the No. 1 telecommunications group in Norway. Net sales (including intragroup) break down by activity as follows:

- mobile and fixed-line telecommunications services (87.5%): mobile and fixed-line telephony services, voice and data transmission, Internet access, messaging, TV channel broadcasting, sale of telecommunications equipment, etc.;

- telecommunications infrastructure management (3.8%): construction, development and leasing of towers, masts, buildings, etc.;

- other (8.7%): offshore telecommunications services, interconnection between operators, etc.

Net sales are geographically distributed as follows: Norway (31.3%), Bangladesh (18.8%), Sweden (17.1%), Finland (15.7%), Denmark (7.4%), Pakistan (5.6%) and other (4.1%).

Number of employees: 10,867

Sales by Activity: Telenor ASA

Fiscal Period: December 2020 (NOK) 2021 (NOK) 2022 (NOK) 2023 (NOK) 2024 (NOK)

Nordics

- - - 56.32B 56.56B

Infrastructure

- - - 3.4B 3.28B

Norway

26.31B 25.36B 25.4B - -

Asia

- - - 20.2B 20.23B

Other

7.92B 7.52B 9.06B 1.47B 1.7B

Finland

10B 9.71B 10.07B - -

Myanmar

7.07B - - - -

Sweden

12.62B 12.11B 11.71B - -

Denmark

5.31B 5.35B 5.51B - -

Pakistan

5.88B 5.6B 5.19B - -

Bangladesh

15.48B 14.46B 15.51B - -

DTAC - Thailand

23.7B 21.88B 22.11B - -

DIGI - Malaysia

13.77B 13.14B - - -

Amp

- - - 4.73B 3.5B

Eliminations

-5.24B -4.89B -5.61B -5.68B -5.34B
See all business segments

Geographical breakdown of sales: Telenor ASA

Fiscal Period: December 2020 (NOK) 2021 (NOK) 2022 (NOK) 2023 (NOK) 2024 (NOK)

Norway

26.3B 25.72B 25.83B 25.37B 25.05B

Bangladesh

15.41B 14.36B 15.39B 15.29B 15B

Sweden

13.06B 12.81B 12.81B 13.76B 13.66B

Finland

9.86B 9.53B 9.94B 12B 12.56B

Denmark

5.41B 5.42B 5.56B 6.19B 5.94B

Pakistan

5.6B 5.34B 4.83B 4.07B 4.46B

Other

2.29B 2.04B 2.51B 3.76B 3.26B

Myanmar

6.98B - - - -

Malaysia

13.78B 13.15B - - -

Thailand

23.69B 21.87B 22.09B - -

Other Asia

430M - - - -
See all geographic segments

Executive Committee: Telenor ASA

Manager TitleAgeSince
Chief Executive Officer 61 30/11/2024
Director of Finance/CFO 58 31/01/2025
Chief Tech/Sci/R&D Officer - 01/11/2022
Chief Tech/Sci/R&D Officer - 31/10/2022
Investor Relations Contact - 30/06/2023
See TELENOR ASA governance

Composition of the Board of Directors: Telenor ASA

Director TitleAgeSince
Director/Board Member 67 10/05/2020
Director/Board Member 62 26/05/2021
Chairman 65 09/05/2023
Director/Board Member 59 09/05/2023
Director/Board Member 61 09/05/2023
Director/Board Member 66 09/05/2023
Director/Board Member - 06/05/2024
Director/Board Member 64 20/05/2025
Director/Board Member 60 18/06/2017
Composition of the Board of Directors

Shareholders: Telenor ASA

NameEquities%Valuation
Government of Norway
53.97 %
738,432,900 53.97 % 10 787 M kr
Folketrygdfondet
4.728 %
64,695,282 4.728 % 945 M kr
Storebrand Asset Management AS
1.506 %
20,607,233 1.506 % 301 M kr
Nordea Funds Ltd.
0.7539 %
10,315,542 0.7539 % 151 M kr
The Caisse de dépôt et placement du Québec
0.7324 %
10,022,101 0.7324 % 146 M kr
NameEquities%Valuation
CARTHESIO SA
0.0107 %
147,000 0.0107 % 2 M kr
State Street Global Advisors Europe Ltd.
0.008238 %
112,719 0.008238 % 2 M kr
RhumbLine Advisers LP
0.001846 %
25,261 0.001846 % 367 396 kr
Yousif Capital Management LLC
0.001598 %
21,865 0.001598 % 318 005 kr
Parvin Fund Management LLC
0.001096 %
15,000 0.001096 % 218 160 kr
List of TELENOR ASA shareholders

Holdings: Telenor ASA

NameEquities%Valuation
9,883,577,237 28.6% 3 420 M $
3,883,129,144 33.1% 3 053 M $
753,408,154 55.8% 1 589 M $

Company details: Telenor ASA

Telenor ASA

Snarøyveien 30

1360, Fornebu

+47 81 07 70 00

http://www.telenor.no/
address Telenor ASA(TEL)

Group companies: Telenor ASA

NameCategory and Sector
Wireless Telecommunications
Cable/Satellite TV
Specialty Telecommunications
Wireless Telecommunications
Financial Conglomerates
See all subsidiaries

Other Wireless Telecommunications Services

Change 5d. change 1-year change 3-years change Capi.($)
-0.07%-0.62%+9.49%+38.39% 19.36B
-1.54%-6.38%-12.97%+27.75% 213B
-0.82%-1.79%+6.99%+21.88% 168B
-1.01%-6.74%+78.20%+170.76% 146B
-0.49%-0.79%+9.33%+36.32% 63.93B
+0.88%+6.21%+19.16%+69.31% 32.09B
-0.07%+9,835.08%+14,366.62%+10,676.31% 31.64B
-1.41%-3.26%+6.64%+44.11% 30.69B
-1.99%-3.39%+3,281.25%+2,717.71% 18.95B
+1.01%-1.69%+36.73%+12.19% 16.91B
Average -0.54%-1.05%+1,780.14%+1,381.47% 74.07B
Weighted average by Cap. -0.92%-2.60%+713.81%+581.32%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
AAA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
143.20NOK
Average target price
166.12NOK
Spread / Average Target
+16.00%
Consensus

Quarterly revenue - Rate of surprise