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The latest announcement is out from Telenor ( (GB:0G8C) ).
The Bangladesh Telecommunication Regulatory Commission has approved the allocation of 2×10 MHz spectrum in the 700 MHz band to Grameenphone, Telenor’s majority-owned Bangladeshi subsidiary, at a base price of about BDT 22 billion for a 13-year license period. Grameenphone will pay for the spectrum in 10 equal annual instalments, along with additional annual fees from 2027, a move that is expected to strengthen its network capacity and coverage in Bangladesh and reinforce Telenor’s competitive position in one of its key growth markets.
The most recent analyst rating on (GB:0G8C) stock is a Hold with a NOK165.00 price target. To see the full list of analyst forecasts on Telenor stock, see the GB:0G8C Stock Forecast page.
More about Telenor
Telenor is a multinational telecommunications company with a significant presence in South Asia, including Bangladesh, where it holds a 55.8% stake in mobile operator Grameenphone (GP), a leading provider of mobile voice and data services. Through its subsidiaries, Telenor focuses on expanding network capacity and coverage to support growing demand for mobile broadband in emerging markets.
Average Trading Volume: 1,351,517
Current Market Cap: NOK200.2B
Learn more about 0G8C stock on TipRanks’ Stock Analysis page.