Telenor ASA

TEL: XOSL (NOR)
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Telenor Lowers 2026 Outlook as Headwinds From Finland Hit

Business Strategy and Outlook

Telenor is Norway's incumbent telecommunications operator and also operates in other Scandinavian and Asian countries. Its business is mature and growing slowly with high reliance on mobile operations, but it generates significant free cash flow and has increased dividends nicely in recent years. Telenor expanded into emerging markets earlier than many European telecom operators.

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