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Introduction

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.

Highlights

  • 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

Summary

  • Introduction
  • Download 1: Telenor Update, April 2019

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