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Telenor ASA (TELNF)

Other OTC - Other OTC Delayed price. Currency in USD
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8.78-0.17 (-1.93%)
At close: 02:31PM EDT
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Trade prices are not sourced from all markets
Previous close8.95
Open8.78
Bid0.00 x 0
Ask0.00 x 0
Day's range8.78 - 8.78
52-week range8.78 - 17.61
Volume4,926
Avg. volume3,131
Market cap12.337B
Beta (5Y monthly)0.03
PE ratio (TTM)5.91
EPS (TTM)1.49
Earnings dateN/A
Forward dividend & yield1.00 (8.42%)
Ex-dividend date06 Oct 2022
1y target estN/A
  • Globe Newswire

    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

  • Reuters

    Telenor sells stake in Norway fibre unit for $1 billion

    OSLO (Reuters) -Norway's Telenor on Friday said it had agreed to sell a 30% stake in its Norwegian fibre broadband unit for 10.8 billion crowns ($1.0 billion) to a consortium led by U.S. investment company KKR and pension firm Oslo Pensjonsforsikring. Around 30% of Telenor's proceeds will be used for share buybacks, the group said in a statement. Telenor's shares, which had been trading at 10-year lows amid sluggish growth and inflation eroding its margins, rose 4.4% in early trade.

  • 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.