Telenor ASA - Company Profile

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Telenor ASA (Telenor) is a provider of integrated telecommunications services. The company offers data, voice, content, fixed and mobile telephony, leased lines, internet connections, data services, Voice over Internet Protocol (VoIP), satellite broadcasting services, television services, voice over internet protocol, maritime services, managed services, software defined networks and virtual private networks. Telenor serves business enterprises and household customers, and operates business under Telenor and Talkmore brand names. The company offers financial services and classifieds in Asia. It has business operations in Norway, Sweden, Denmark, Thailand, Malaysia, Bangladesh, Pakistan and Finland. Telenor is headquartered in Fornebu, Norway.

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Headquarters Norway

Address Snaroyveien 30, Fornebu, 1360


Telephone 47 810 77000

No of Employees 10,133

Industry Technology and Communications

Ticker Symbol & Exchange TEL (OSL)

Revenue (2024) $7.4B 1.4% (2024 vs 2023)

EPS XYZ

Net Income (2024) XYZ -61.6% (2024 vs 2023)

Market Cap* $23.2B

Net Profit Margin (2024) XYZ -62.2% (2024 vs 2023)

* As of and is in US$
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Telenor ASA premium industry data and analytics

410+

Install Base

Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect.

40+

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Telenor ASA (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

5

IT Software Contracts

Improve competitive bidding with insight into all publicly disclosed IT software contracts by IT solutions areas for Telenor ASA (including Enterprise applications, IT Security, Information Management, Cloud Computing, IoT and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Telenor ASA’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services Brands
Mobile Communication Talkmore
Voice Telenor
Data
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2026 Plans/Strategy In May, the company announced its plans to form a Norwegian sovereign cloud company.
2026 New Products/Services In April, the company introduced Telenor Connect, a new cloud-based communications platform.
2026 Stake Sale In March, the company sold 24.95% stake in True Corporation Public Company Limited to Arise Digital Technology Company Limited.
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Competitor Comparison

Key Parameters Telenor ASA Telia Co AB Tele2 AB Maxis Bhd Altibox As
Headquarters Norway Sweden Sweden Malaysia Norway
City Fornebu Solna Kista Kuala Lumpur Stavanger
State/Province - - - Kuala Lumpur (Federal Territory of) -
No. of Employees 10,133 16,862 3,866 3,300 -
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Jens Petter Olsen Chairman Executive Board 2023 65
Benedicte Schilbred Fasmer Chief Executive Officer; President Senior Management 2024 61
Torbjorn Wist Executive Vice President; Chief Financial Officer Senior Management 2025 58
Cathal Kennedy Acting Executive Vice President; Chief Technology Officer Senior Management - 54
Rita Skjaervik Chief People, Sustainability and External Relations Officer; Executive Vice President Senior Management 2021 52
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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