Telenor, also known as Telenor ASA, is a state-owned and publicly owned entity headquartered in Norway. Founded in 1855, the company operates with approximately 24,000 employees and reported $7.4B in revenue as of 2025. It functions as a national telecommunications operator, specializing in telecoms services.
Telenor reported its Q1 2026 results with revenue falling to NOK 18,197 million and basic earnings per share (EPS) of NOK 5.86, while its margin increased to 22%. The company experienced ARPU growth in the Nordics and a 7.4% drop in Capex amidst 5G maturity. These earnings were characterized as disappointing, partly due to the US’ war on Iran impacting its Asian operations. Concurrently, the state-controlled company faces a major class-action lawsuit filed on behalf of former Telenor customers in Myanmar, in addition to an investigation in Parliament. Previously, on April 29, 2026, Executive Vice President and primary insider Sigvart Voss Eriksen purchased 1,500 Telenor shares at NOK 151.30 per share, raising his total holding to 12,420 shares.
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