Telenor ASA (ADR) ( (TELNY) ) has released its Q1 earnings. Here is a breakdown of the information Telenor ASA (ADR) presented to its investors.
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Telenor ASA is a leading communication services provider operating in the Nordics and Asia, known for its customer-focused and technology-driven approach. In the first quarter of 2025, Telenor reported a revenue increase of 1.3% to NOK 19,706 million, with service revenues growing by 2.2% organically. The company achieved an adjusted EBITDA of NOK 8,641 million, reflecting a 2.0% organic growth, while the net income attributable to equity holders was NOK 2,194 million. The Nordics business area showed strong performance with a 2.3% organic service revenue growth, and Telenor Pakistan contributed positively with a 14.0% service revenue growth. Despite challenges in Bangladesh, Grameenphone showed signs of recovery. Telenor’s management remains optimistic about maintaining financial ambitions and expects low-to-mid single-digit growth in adjusted EBITDA for 2025, with a focus on enhancing service value and driving upselling strategies.