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Telenor Swung to 2Q Net Profit; Backs Guidance After Beating Market Views on Earnings, Revenue

By Joe Hoppe


Telenor ASA said Thursday that it swung to a second-quarter net profit, and backed full-year guidance after beating market expectations for earnings and revenue.

The Norwegian...

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Telenor 2Q Rev NOK20.22B

By Joe Hoppe Telenor ASA said Thursday that it swung to a second-quarter net profit, and backed full-year guidance after beating market expectations for...

Norway , Norwegian , Sigve-brekke , Joe-hoppe , Telenor , Chief-executive-sigve-brekke , Article-normal , Telecommunication-services , Wireless-telecommunications-services , Mobile-telecommunications , Financial-performance , Earnings

Myanmar's junta gives final nod for sale of Telenor's domestic unit

Telenor's departure from a country that accounted for 7% of its earnings in 2020 has been mired in difficulty.

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Telenor and Thailand's True Corp plan $200 million VC fund

Norway's Telenor ASA on Monday said it would set up a venture capital fund with Thailand's True Corporation Pcl with a size of up to $200 million.

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Norway's Telenor sells Myanmar operations to M1 Group for $105m

Norway's Telenor sells Myanmar operations to M1 Group for $105m
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

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Military coup puts Telenor's future in Myanmar on the line


May 9, 2021
Oslo – Since Myanmar's military ordered telecoms operators to shut their networks in an effort to end protests against its February coup, Telenor's business there has been in limbo.
As one of the few Western companies to bet on the Southeast Asian country after it emerged from military dictatorship a decade ago, the return to army rule led to a $783 million write-off last week for Norway's Telenor.
The Norwegian state-controlled firm, one of the biggest foreign investors in Myanmar, must now decide whether to ride out the turmoil, or withdraw from a market which last year contributed 7% of its earnings.

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Military coup puts Telenor's future in Myanmar on the line


Publishing date: May 06, 2021  •  3 hours ago  •  6 minute read  • 
Article content
OSLO — Since Myanmar’s military ordered telecoms operators to shut their networks in an effort to end protests against its February coup, Telenor’s business there has been in limbo.
As one of the few Western companies to bet on the South East Asian country after it emerged from military dictatorship a decade ago, the return to army rule led to a $783 million write-off this week for Norway’s Telenor.
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Military coup puts Telenor's future in Myanmar on the line Back to video

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Military coup puts Telenor's future in Myanmar on the line - Netscape Money & Business


Military coup puts Telenor's future in Myanmar on the line
By Victoria Klesty, Gwladys Fouche and John Geddie
Reuters
OSLO (Reuters) - Since Myanmar's military ordered telecoms operators to shut their networks in an effort to end protests against its February coup, Telenor's business there has been in limbo.
As one of the few Western companies to bet on the South East Asian country after it emerged from military dictatorship a decade ago, the return to army rule led to a $783 million write-off this week for Norway's Telenor.
The Norwegian state-controlled firm, one of the biggest foreign investors in Myanmar, must now decide whether to ride out the turmoil, or withdraw from a market which last year contributed 7% of its earnings.

Norway , Bangkok , Krung-thep-mahanakhon , Thailand , Oslo , Dubai , Dubayy , United-arab-emirates , Pakistan , Thai , Norwegian , Saeed-azhar