|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||10.00 - 10.00|
|52-week range||10.00 - 17.61|
|Beta (5Y monthly)||-0.01|
|PE ratio (TTM)||14.29|
|Forward dividend & yield||1.00 (10.03%)|
|Ex-dividend date||06 Oct 2022|
|1y target est||N/A|
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.
OSLO (Reuters) -Norway's Telenor warned on Tuesday that spiralling energy prices made it increasingly difficult to achieve its profit target and announced a restructuring of its Nordic business and a potential listing of its Asian unit. "The energy price development in the last couple of months makes it increasingly difficult to reach the guiding of flat EBITDA in 2022," Telenor said in a statement, referring to its earnings before interest, tax, depreciation and amortisation. Telenor, which has 175 million customers in eight countries across the Nordic region and Asia, in recent years sought to cut costs and boost its cash flow to make room for higher dividends and 5G investments.
OSLO (Reuters) -Malaysian telecoms firm Axiata Group and Norway's Telenor ASA have been given clearance from the Securities Commission Malaysia for the proposed merger of their local units, Telenor said on Thursday. Facing stiff competition in the competitive Malaysian market, Axiata and Telenor announced last year the planned tie-up between Celcom Axiata and DiGi.Com, forming a new market leader called Celcom Digi. Two sources with knowledge of the deal, who spoke on the condition of anonymity, told Reuters last year that Celcom Digi would have an enterprise value of $15 billion.