An update on Telenor Group's telecoms operations, covering financial performance, market dynamics, key developments, and strategy, as well as the operator's latest product and service launches.
- Telenor Group's revenue declined 1.5% year on year in 2018 to NOK110.4bn ($12.6bn), primarily due to negative currency effects, lower handset sales, and lower customer base on legacy fixed products.
- Telenor sold its Central and Eastern European operations to PPF Group in July 2018 for EUR2.8bn ($3.1bn). In May 2018, Telenor completed the sale of its Indian operations to Bharti Airtel Limited (Airtel) in a no-cash deal.
- In October 2015, Telenor Group announced its plans to sell its entire 33% stake in VimpelCom (now Veon), to focus on its core markets. As of April 2019, Telenor had a 9% stake in Veon after selling 5.7% in March 2019.
Features and Benefits
- Assesses Telenor's current market position and strategy for improvement.
- Analyzes Telenor's performance, recent developments in the market, and the operator's strategic initiatives.
- Benchmarks Telenor's financial performance against other major operators worldwide.
Key questions answered
- How has the company performed in recent quarters?
- What were some of the key product launches of the last six months?
- What is the revenue market share of each of the group's businesses?
Table of contents
Download 1: Telenor Update, April 2019