Telenor ASA (ADR) (PK:TELNY)
Business Focus: N/A
| Sector: Technology | Industry: N/A |
| Company Contact | |
| Address: | Snaroyveien 30 FORNEBU 1360 |
| Tel: | 47-91-674045 |
| Website: | https://www.telenor.com |
| IR: | See website |
| Key People | ||
| Sigve Brekke President, Chief Executive Officer | Tone Hegland Bachke Chief Financial Officer, Executive Vice President | Rita Skjaervik Executive Vice President, Chief People, Sustainability and External Relations Officer |
| Amol Phadke Executive Vice President, Group Chief Technology Officer | Petter-Boerre Furberg Executive Vice President, Head of Telenor Asia | Jannicke Hilland Executive Vice President, Head of Telenor Infrastructure |
| Dan Ouchterlony Executive Vice President, Head of Telenor Amp | Jorgen Christian Rostrup Executive Vice President, Head of Telenor Nordics | |
| Business Overview |
| Telenor ASA is a Norway-based international provider of tele, data and media communication services. The Company has mobile operations in the Nordics, including Norway, Sweden, Denmark, Finland and in Asia, including Pakistan, Bangladesh, Thailand, Malaysia, Myanmar. The Company's main products and services are mobile communication, fixed line communication and broadcasting activities. The Company's mobile communication business mainly includes voice, data, Internet, content services, customer equipment and messaging. Its fixed services comprise telephony, Internet and television, leased lines, as well as data services and managed services. Its broadcast activities comprise data communication services via satellite. |
| Financial Overview |
| For the three months ended 31 March 2024, Telenor ASA (ADR) revenues increased 1% to NOK19.46B. Net income applicable to common stockholders excluding extraordinary items totaled NOK11.7B vs. loss of NOK618M. Revenues reflect Nordics segment increase of 2% to NOK13.73B, Asia segment increase of 4% to NOK4.91B. Net Income reflects Net Currency decrease of 87% to NOK409M (expense). |
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