The telecommunications provider reported lower revenue for the first quarter, mainly due to weaker growth in the Nordics.
Telenor ASA (TELNY) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, TELNY's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
TELNY exits True Corp stake as part of its pivot from Asia to a Nordic-focused, high-return connectivity strategy.
| Diversified Telecommunication Services Industry | Communication Services Sector | Benedicte Schilbred Fasmer CEO | XFRA Exchange | US87944W1053 ISIN |
| NO Country | 10,867 Employees | 21 May 2026 Last Dividend | 15 Mar 2016 Last Split | 4 Dec 2000 IPO Date |
Telenor ASA, along with its subsidiaries, is a global telecommunication company known for providing a wide range of services across the world. The company specializes in mobile communication, fixed line communication, and broadcasting services to cater to the various needs of its customers. Founded in 1855, Telenor has established its headquarters in Fornebu, Norway, and has since grown to offer its diverse telecommunications services worldwide. This expansion reflects Telenor’s commitment to innovation, connectivity, and customer service in the ever-evolving telecommunications industry.
These services cover voice, data, internet, content services, messaging, and customer equipment. Telenor's mobile communication offerings are designed to keep customers connected through high-quality voice calls and high-speed data services, accommodating the modern consumer's demand for constant connectivity and multimedia content consumption.
Including telephony, internet and TV, and leased lines, along with data and managed services. Telenor's fixed line services provide reliable connectivity solutions for homes and businesses, encompassing everything from basic telephony services to high-speed internet and TV packages, plus dedicated leased lines for more demanding business requirements.
Through satellite, terrestrial radio, and TV transmission, these services support a wide range of communication needs. Telenor's broadcasting and data communication offerings are essential for distributing content and data across various platforms and networks, ensuring broad coverage and connectivity.
Essential for the growing sector of IoT (Internet of Things), machine-to-machine communication enables devices to exchange information and perform actions without human intervention. This service by Telenor caters to emerging technologies and applications in smart homes, industries, and cities.
This category includes a broad spectrum of services ranging from cloud-based solutions to digital payments and financial applications. Recognizing the importance of digital and financial inclusion, Telenor has ventured into providing services that facilitate online transactions and access to the digital world, driving progress towards a more connected and financially inclusive society.