Telenor ASA (ADR) ( (TELNY) ) has released its Q4 earnings. Here is a breakdown of the information Telenor ASA (ADR) presented to its investors.
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Telenor ASA (ADR) is a leading provider of communication services, operating predominantly in the Nordics and Asia, known for its focus on customer-centric technology solutions. In its latest earnings report for the fourth quarter and full year 2024, Telenor showcased steady financial performance, with a notable increase in service revenues and EBITDA. The company reported a slight growth in quarterly service revenues, driven by its Nordic operations, while facing challenges in Asia due to economic conditions in Bangladesh. Telenor’s full-year results highlighted an increase in service revenues and EBITDA, alongside strategic moves such as the sale of Telenor Satellite. The company’s Nordic segment delivered strong performance, contributing significantly to overall growth, while the Asian market faced headwinds. Looking ahead, Telenor remains committed to its strategic priorities, aiming to enhance service value and drive profitable growth, with expectations of operational improvements and continued shareholder returns through dividends.
