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OFFON
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    TEL   NO0010063308

TELENOR ASA

(TEL)
  Report
Real-time Quote. Real-time Oslo Bors - 01/28 10:25:25 am
147.3 NOK   -0.61%
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The appeal in the case between Telenor and the Norwegian Competition Authority has been rejected

11/26/2021 | 11:56am EST
In a verdict from 2018, the Norwegian Competition Authority decided to impose a
fee of NOK 788 million on Telenor. Gulating Appeal Court upheld the decision.
Telenor appealed the verdict to the Supreme Court, but the appeal has now been
rejected.

The lawsuit between Telenor and the Norwegian Competition Authority concerns a
pricing model in a wholesale agreement between Telenor and Network Norway back
in the period 2010-2014. In Telenor's opinion, the agreement was in line with
the competition regulations, and facilitated increased competition for the
benefit of customers.

The fee will be recognized in Q4 and classified as "other items".

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange

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Analyst Recommendations on TELENOR ASA
More recommendations
Financials
Sales 2021 111 B 12 347 M 12 347 M
Net income 2021 4 015 M 447 M 447 M
Net Debt 2021 103 B 11 506 M 11 506 M
P/E ratio 2021 47,4x
Yield 2021 6,29%
Capitalization 206 B 22 955 M 22 961 M
EV / Sales 2021 2,79x
EV / Sales 2022 2,76x
Nbr of Employees 18 000
Free-Float 46,0%
Chart TELENOR ASA
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Technical analysis trends TELENOR ASA
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 147,30 NOK
Average target price 160,40 NOK
Spread / Average Target 8,89%
EPS Revisions
Managers and Directors
Sigve Brekke President & Chief Executive Officer
Tone Hegland Bachke Chief Financial Officer
Gunn WŠrsted Chairman
Ruza Sabanovic Executive VP, Head-Technologies & Services
Jon Erik Reinhardsen Director
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