Telenor ASA/Nkr TEL
1D1W1MYTD1Y5YMAX
Capital at risk
About Telenor ASA
Telenor ASA is a telecommunications company headquartered in Fornebu, Norway. It provides a range of mobile, broadband, and television services to both consumer and business markets. The company operates in the telecommunications industry, focusing on mobile and digital services as well as network infrastructure. It has a significant presence in Nordic countries, Central and Eastern Europe, and Asia. Telenor was founded in 1855 and has evolved into a major international mobile operator. The company maintains a strategic advantage by leveraging its extensive experience and established networks in emerging and developed markets to drive growth and innovation.
- Ticker
- Nkr TEL
- Sector
- Communication
- Primary listing
- XOSL
- Employees
- 9,819
- Headquarters
- Fornebu, Norway
- Website
- www.telenor.com
Telenor ASA Metrics
BasicAdvanced
kr 185B
15.72
kr 8.66
0.25
kr 9.60
7.05%
Price and volume
Market cap
kr 185B
Beta
0.25
52-week high
kr 178.70
52-week low
kr 125.20
Average daily volume
1.7M
Dividend rate
kr 9.60
Financial strength
Current ratio
1.321
Quick ratio
1.066
Long term debt to equity
1.216
Total debt to equity
1.281
Dividend payout ratio (TTM)
110.93%
Interest coverage (TTM)
5.58%
Profitability
EBITDA (TTM)
25,509
Gross margin (TTM)
64.88%
Net profit margin (TTM)
15.73%
Operating margin (TTM)
23.45%
Effective tax rate (TTM)
20.31%
Revenue per employee (TTM)
kr 7,670,000
Management effectiveness
Return on assets (TTM)
5.19%
Return on equity (TTM)
25.04%
Valuation
Price to earnings (TTM)
15.721
Price to revenue (TTM)
2.472
Price to book
2.95
Price to tangible book (TTM)
6.5
Price to free cash flow (TTM)
10.296
Free cash flow yield (TTM)
9.71%
Free cash flow per share (TTM)
13.219
Dividend yield (TTM)
7.05%
Growth
Revenue change (TTM)
2.27%
Earnings per share change (TTM)
16.62%
3-year revenue growth (CAGR)
-1.41%
10-year revenue growth (CAGR)
-5.15%
3-year earnings per share growth (CAGR)
-40.87%
10-year earnings per share growth (CAGR)
24.34%
3-year dividend per share growth (CAGR)
1.05%
10-year dividend per share growth (CAGR)
2.61%
Bulls say / Bears say
Moody’s affirmed Telenor’s Baa1 rating and upgraded the outlook to positive on 24 February 2026, citing ongoing deleveraging from asset sales and strong Nordic operating performance (Reuters).
Standard & Poor’s reaffirmed Telenor’s long-term issuer rating at A- with a stable outlook on 26 June 2026, reflecting the company’s robust credit metrics, liquidity position, and predictable cash flow generation (Telenor).
Following the sale of its stake in True Corporation, Telenor announced a NOK 15 billion, three-year share buyback programme to return capital to shareholders, reduce share count, and support EPS and dividend growth (Telenor).
Telenor’s adjusted EBITDA fell 9 percent to NOK 7.99 billion in Q2 2026, prompting management to cut its 2026 adjusted EBITDA growth guidance to flat or slightly negative, down from flat to low-single-digit growth (Reuters).
The company cited macroeconomic challenges in Bangladesh as a material headwind, with slower-than-expected growth in its Grameenphone operation dampening group revenue and profitability (Reuters).
Telenor made a provision related to a VAT dispute involving Norwegian TV news channels, underscoring regulatory and litigation risks that negatively affected Q2 results (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2026.
Upcoming events
Funds containing Telenor ASA
AllEURGBPUSD
Fund name | Fund size | Nkr TEL weighting |
|---|---|---|
iShares STOXX Europe 600 Telecommunications€EXV2 | €268M | 2.13% |
iShares STOXX Europe Mid 200€EXSD | €610M | 0.49% |
iShares MSCI Europe SRI£IESG | £2.6B | 0.26% |
iShares MSCI Europe SRI€IESE | €3.1B | 0.24% |
SPDR MSCI World Telecommunications€WTEL | €86M | 0.18% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.