Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Norway
  4. Oslo Bors
  5. Telenor ASA
  6. News
  7. Summary
    TEL   NO0010063308

TELENOR ASA

(TEL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Telenor Appeal to Overturn $87.8 Million Fine Is Rejected by Norwegian Court

11/26/2021 | 12:39pm EST

By Joe Hoppe

Telenor ASA said Friday that its appeal to the Norwegian Supreme Court to overturn a 788 million kroner ($87.8 million) fine from the country's market regulator has been rejected.

The Norwegian telecomms provider said that the Norwegian Competition Authority decided to impose the fine in a 2018 verdict, concerning a pricing model in a wholesale agreement between Telenor and Network Norway between 2010 and 2014.

Telenor said that Gulating Appeal Court upheld the decision and it appealed the verdict to the Supreme Court, though that has now been rejected.

The fee will be recognized in the fourth quarter of the year and classified as "other items," the company said.

Write to Joe Hoppe at joseph.hoppe@wsj.com

(END) Dow Jones Newswires

11-26-21 1238ET

All news about TELENOR ASA
01/20Exclusive-Myanmar junta backs Telenor unit sale after buyer M1 pairs with local firm - ..
RE
01/20Telenor Wins Myanmar Military Junta Nod for Unit Sale to M1 Consortium
MT
01/20Telenor Taps Amazon Web Services to Boost 5G Offerings Worldwide Via Cloud Computing
MT
01/20Telenor teams with AWS to accelerate modernisation of telecommunications
AQ
01/20Telenor Signs Strategic Collaboration Agreement with Amazon Web Services to Accelerate ..
CI
01/20Telenor partners with Amazon to modernise systems, offer services
RE
01/20Telenor ceo says firm is increasing focus on business customers
RE
01/20Telenor ceo says amazon partnership part of plan to prepare for "next growth wave"
RE
01/20Telenor partners with amazon to build new 5g and edge services
RE
01/19Grameenphone's results for the 4th quarter 2021
AQ
More news
Analyst Recommendations on TELENOR ASA
More recommendations
Financials
Sales 2021 111 B 12 551 M 12 551 M
Net income 2021 4 077 M 461 M 461 M
Net Debt 2021 103 B 11 680 M 11 680 M
P/E ratio 2021 45,8x
Yield 2021 6,42%
Capitalization 202 B 23 079 M 22 852 M
EV / Sales 2021 2,75x
EV / Sales 2022 2,73x
Nbr of Employees 18 000
Free-Float 46,0%
Chart TELENOR ASA
Duration : Period :
Telenor ASA Technical Analysis Chart | TEL | NO0010063308 | MarketScreener
Technical analysis trends TELENOR ASA
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 144,35 NOK
Average target price 160,45 NOK
Spread / Average Target 11,2%
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
Sector and Competitors
1st jan.Capi. (M$)
TELENOR ASA4.15%23 079
AT&T INC.9.84%192 950
T-MOBILE US-10.28%129 977
SOFTBANK GROUP CORP.1.71%82 865
KDDI CORPORATION6.54%70 050
AMÉRICA MÓVIL, S.A.B. DE C.V.-8.62%62 682