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Telenor ASA (TELNY)

$14.49 +$0.11 (+0.76%) |CouncilHOLD · 46 · C
Bottom line: HOLD — our Council read (46/100) and AI Score (46/100) broadly agree.
MCap: $19.83B| Vol: 19.4K| 52-wk range: $13.79 – $18.92
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Telenor ASA (TELNY) trades at $14.49 with AI Score 46/100 (Grade C). Telenor ASA is a global telecommunications company based in Norway, providing mobile, fixed-line, and broadcasting services. Market cap: $19.83B, Sector: Communication services.

Price live · AI analysis from Mar 16, 2026
Telenor ASA is a global telecommunications company based in Norway, providing mobile, fixed-line, and broadcasting services. With a significant presence in the Nordic region and Asia, Telenor focuses on connectivity and digital services.

Analyst Coverage for TELNY: TELNY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TELNY against Communication Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.

Council Score · Weighted Average of 3 Disciplines
HOLD 46/100 · C

TELNY: the 1 perspectives are evenly split.

How is this calculated? →
Council Score · 8 perspectives · See tabs for details →

Telenor ASA (TELNY) Media & Communications Profile

CEOBenedicte Schilbred Fasmer
Employees10867
HeadquartersFornebu, NO
IPO Year2000

Telenor ASA, a Norwegian telecommunications giant, delivers mobile, fixed, and broadcasting services globally. With a strong foothold in Scandinavia and Asia, Telenor distinguishes itself through its extensive network infrastructure and diverse service offerings, navigating a competitive landscape with a focus on innovation and customer satisfaction.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 16, 2026

What Is the Investment Thesis for TELNY?

Telenor ASA presents a compelling investment case based on its established market position, robust dividend yield of 5.55%, and strategic focus on digital transformation. The company's extensive network infrastructure and diverse service offerings provide a solid foundation for future growth. Key value drivers include expanding its presence in high-growth Asian markets and capitalizing on the increasing demand for data and digital services. However, investors may want to evaluate potential risks such as regulatory changes and intense competition. With a P/E ratio of 28.72 and a profit margin of 10.2%, Telenor demonstrates financial stability and growth potential.

Based on FMP financials and quantitative analysis

TELNY Key Highlights

  • Market capitalization of $19.83B reflects Telenor's significant presence in the telecommunications industry.
  • Gross margin of 66.7% indicates efficient cost management and strong pricing power.
  • Dividend yield of 5.55% offers an attractive income stream for investors.
  • Beta of 0.31 suggests lower volatility compared to the overall market.
  • Profit margin of 10.2% demonstrates profitability and operational efficiency.

Who Are TELNY's Competitors?

TELNY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
AVIFY Advanced Info Service Public Company Limited $11.73 +0.54% $34.89B 49
AVIVF Advanced Info Service Public Company Limited $10.20 +0.00% $30.34B 51
BTGOF BT Group plc $2.61 +2.35% $25.42B 50
CHWRF China Tower Corporation Limited $1.10 +0.00% $19.23B 56
KKPNF Koninklijke KPN N.V. $4.64 -8.12% $17.51B 54
GOGO Gogo Inc. $3.83 +7.28% $517.96M 71
ATEX Anterix Inc. $105.03 -0.11% $2.05B 68
TEO Telecom Argentina S.A. $13.04 +3.90% $5.62B 67

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are TELNY's Key Strengths?

  • Strong market position in Scandinavia and Asia.
  • Extensive network infrastructure and technological capabilities.
  • Diversified service portfolio including mobile, fixed-line, and broadcasting.
  • Robust financial performance and dividend yield.

What Are TELNY's Weaknesses?

  • Exposure to regulatory risks and political instability in certain markets.
  • Intense competition from other telecommunications providers.
  • Dependence on legacy technologies and infrastructure.
  • Slower growth in mature markets.

What Could Drive TELNY Stock Higher?

  • Expansion of 5G network infrastructure across key markets, driving increased data consumption and revenue growth.
  • Digital transformation initiatives aimed at improving customer experience and operational efficiency.
  • Potential strategic partnerships or acquisitions to expand market reach and service offerings.
  • Development and launch of new IoT solutions for various industries.
  • Regulatory approvals for new services and technologies in key markets.

What Are the Key Risks for TELNY?

  • Regulatory changes and political instability in certain markets.
  • Intense competition from other telecommunications providers and over-the-top (OTT) service providers.
  • Cybersecurity threats and data breaches.
  • Economic downturns and currency fluctuations.
  • Dependence on legacy technologies and infrastructure.

What Are the Growth Opportunities for TELNY?

  • Expansion in Asian Markets: Telenor has a significant presence in Asia, particularly in markets like Thailand, Malaysia, and Pakistan. These markets offer substantial growth potential due to increasing mobile penetration, rising disposable incomes, and growing demand for data services. Telenor can capitalize on this opportunity by expanding its network coverage, introducing innovative products and services, and targeting underserved populations. The Asian telecommunications market is projected to reach $500 billion by 2028, presenting a significant growth avenue for Telenor.
  • Digital Transformation: Telenor is investing heavily in digital transformation to enhance its customer experience, improve operational efficiency, and develop new revenue streams. This includes initiatives such as cloud migration, automation, and the development of digital platforms. By embracing digital technologies, Telenor can streamline its processes, reduce costs, and offer personalized services to its customers. The global digital transformation market is expected to reach $3 trillion by 2025, highlighting the immense potential for Telenor to benefit from this trend.
  • 5G Technology: The rollout of 5G technology presents a significant growth opportunity for Telenor. 5G offers faster speeds, lower latency, and greater network capacity, enabling new applications such as IoT, autonomous vehicles, and augmented reality. Telenor is investing in 5G infrastructure and developing new services to capitalize on this technology. The global 5G market is projected to reach $667.90 billion by 2030, driven by increasing demand for high-speed connectivity and innovative applications.
  • IoT Solutions: The Internet of Things (IoT) is creating new opportunities for telecommunications companies to provide connectivity and data analytics services to businesses and consumers. Telenor is developing IoT solutions for various industries, including healthcare, transportation, and manufacturing. By leveraging its network infrastructure and expertise in data analytics, Telenor can help businesses optimize their operations, improve efficiency, and create new revenue streams. The global IoT market is expected to reach $1.46 trillion by 2027, presenting a significant growth opportunity for Telenor.
  • Financial Services: Telenor is expanding its presence in the financial services sector by offering mobile payment solutions, microloans, and insurance products to its customers. This is particularly relevant in emerging markets where access to traditional banking services is limited. By leveraging its mobile network and customer base, Telenor can provide convenient and affordable financial services to underserved populations. The global mobile payment market is projected to reach $4.8 trillion by 2030, highlighting the potential for Telenor to capitalize on this trend.

What Opportunities Does TELNY Have?

  • Expansion in high-growth Asian markets.
  • Adoption of 5G technology and IoT solutions.
  • Digital transformation and development of new revenue streams.
  • Strategic partnerships and acquisitions.

What Threats Does TELNY Face?

  • Rapid technological advancements and disruptive innovations.
  • Increasing competition from over-the-top (OTT) service providers.
  • Cybersecurity threats and data breaches.
  • Economic downturns and currency fluctuations.

What Are TELNY's Competitive Advantages?

  • Extensive network infrastructure providing wide coverage and reliable connectivity.
  • Strong brand recognition and customer loyalty in key markets.
  • Strategic partnerships with technology providers and content creators.
  • Regulatory licenses and spectrum rights providing competitive advantages.

What Does TELNY Do?

Founded in 1855 as a telegraph service, Telenor ASA has evolved into a leading telecommunications company with operations spanning across Scandinavia, Eastern Europe, and Asia. Headquartered in Fornebu, Norway, Telenor provides a comprehensive suite of services, including mobile communication, fixed-line communication, and broadcasting. Its mobile communication services encompass voice, data, internet, content, customer equipment, and messaging. The company's fixed-line services include telephony, internet and TV, leased lines, and data and managed services. Telenor also offers broadcasting and data communication services through satellite, terrestrial radio, and TV transmission. Furthermore, Telenor is involved in machine-to-machine communication, internet-based services, and financial services. Telenor's strategic focus includes expanding its digital services and strengthening its network infrastructure to meet the growing demand for connectivity and data. With a history rooted in innovation and a commitment to providing reliable communication solutions, Telenor continues to adapt to the evolving needs of its customers and the dynamic telecommunications landscape.

What Products and Services Does TELNY Offer?

  • Provides mobile communication services including voice, data, and internet.
  • Offers fixed-line communication services such as telephony and internet.
  • Delivers broadcasting services through satellite and terrestrial transmission.
  • Provides machine-to-machine (M2M) communication solutions.
  • Offers internet-based services and digital solutions.
  • Provides financial services through mobile platforms.

How Does TELNY Make Money?

  • Generates revenue from mobile subscriptions and data usage.
  • Earns income from fixed-line internet and telephony services.
  • Derives revenue from broadcasting and data communication services.
  • Monetizes machine-to-machine (M2M) communication solutions.

What Industry Does TELNY Operate In?

Telenor operates in the highly competitive telecommunications industry, characterized by rapid technological advancements and evolving customer demands. The industry is witnessing a shift towards 5G technology, increasing data consumption, and the convergence of communication and digital services. Telenor competes with other major players like AVIVF (Telefonica Deutschland Holding AG) and BTGOF (BT Group plc), focusing on differentiation through network quality, service innovation, and customer experience. The global telecommunications market is expected to continue growing, driven by increasing mobile penetration and the adoption of digital technologies.

Who Are TELNY's Key Customers?

  • Individual mobile subscribers.
  • Businesses requiring fixed-line and internet services.
  • Broadcasting companies utilizing satellite and terrestrial transmission.
  • Enterprises adopting machine-to-machine (M2M) communication.
  • Consumers using internet-based and financial services.
AI Confidence: 71% Updated: Mar 16, 2026

Company Profile

Telenor ASA operates in the Telecommunications Services industry within the Communication Services sector. It is headquartered in Fornebu, NO. The company is led by CEO Benedicte Schilbred Fasmer. TELNY has traded publicly since 2000.

How Telenor ASA Is Valued

Telenor ASA carries a market capitalization of $19.83B, placing it in the large-cap category. Relative to its peer group, TELNY's quantitative score of 46/100 is roughly in line with the peer average of 52/100.

ROE 20%Key Financial Metrics

Return on equity for Telenor ASA stands at 20.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 6.4%, showing how much profit it generates from its asset base. TELNY trades at a trailing price-to-earnings ratio of 13.60, below the Communication Services sector average of ~18x. Its free cash flow yield is 9.1%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.57 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 7.4%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 6/9Financial Health

Telenor ASA's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 2.29 places it in the grey zone, a middle ground that warrants monitoring.

FY2026 estForward Outlook

Wall Street analysts project Telenor ASA revenue of about $77.32B for fiscal 2026, with EPS near $11.11. The estimate reflects 8 contributing analysts.

TELNY Financials

Fundamental Snapshot

Revenue Growth (FY)
-4.2%
Net Income Growth (FY)
-55.4%
EPS Growth (FY)
-56.9%
Free Cash Flow Growth (FY)
+6.6%
P/E (TTM)
13.6
Return on Equity (TTM)
+20.4%
Current Ratio
1.6
EV/EBITDA (TTM)
5.6

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • Recent insider buying suggests confidence in Telenor's strategic direction, indicating potential growth.
  • Community sentiment has shifted positively, with discussions highlighting Telenor's strong market position in the Nordic region.
  • The company's focus on digital transformation and 5G expansion resonates well with tech-savvy investors seeking future growth.
  • Recent partnerships in emerging markets are seen as a strong move to diversify revenue streams and enhance market presence.

Bear Case

  • Concerns about regulatory challenges in Asian markets have surfaced, potentially impacting growth projections.
  • Community discussions reflect skepticism about Telenor's ability to compete against aggressive local players in key markets.
  • Recent earnings reports have shown mixed results, leading to doubts about the company's short-term performance.
  • The overall telecom sector is facing headwinds from rising operational costs, which could pressure margins moving forward.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

TELNY Latest News

No recent news available for TELNY.

TELNY Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for TELNY.

Price Targets

Wall Street price target analysis for TELNY.

TELNY MoonshotScore

46/100

What does this score mean?

The MoonshotScore rates TELNY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Benedicte Schilbred Fasmer

CEO

Benedicte Schilbred Fasmer is the CEO of Telenor ASA. Her background includes extensive experience in the financial services industry. Before joining Telenor, she held leadership positions at SpareBank 1 SR-Bank, a leading Norwegian financial institution, where she served as CEO. She also has experience from DNB, the largest financial services group in Norway. Fasmer holds a Master's degree in Business Administration from the Norwegian School of Economics (NHH).

Track Record: Since assuming the role of CEO, Benedicte Schilbred Fasmer has focused on driving Telenor's digital transformation and strengthening its position in key markets. Key initiatives include investments in 5G technology, expansion of digital services, and streamlining operations. Her leadership has been instrumental in navigating the evolving telecommunications landscape and positioning Telenor for future growth.

Telenor ASA ADR Information Unsponsored

An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. TELNY functions as a Level 1 ADR, meaning it trades on the over-the-counter (OTC) market. This allows U.S. investors to invest in Telenor ASA without directly dealing with foreign exchanges.

  • Home Market Ticker: Oslo Stock Exchange (TELN), Norway
  • ADR Level: 1
  • ADR Ratio: 1:1
  • Home Market Ticker: TELN
Currency Risk: As an ADR, TELNY is subject to currency risk. The value of the ADR can fluctuate based on changes in the exchange rate between the Norwegian Krone (NOK) and the U.S. dollar (USD). A stronger NOK relative to the USD can positively impact the ADR's value, while a weaker NOK can negatively impact it.
Tax Implications: Dividends paid on TELNY ADRs are subject to foreign dividend withholding tax in Norway. The standard withholding tax rate is 25%, but this may be reduced depending on the tax treaty between Norway and the investor's country of residence. U.S. investors may be able to claim a foreign tax credit on their U.S. tax return for the amount of foreign tax withheld.
Trading Hours: The Oslo Stock Exchange (OSE) operates from 09:00 to 16:30 Central European Time (CET). This translates to 03:00 to 10:30 Eastern Time (ET). Since TELNY trades on the OTC market in the U.S., its trading hours generally align with the U.S. stock market hours (09:30 to 16:00 ET), but liquidity may be affected outside of the OSE hours.

TELNY OTC Market Information

TELNY trades on the OTC Other tier, which represents the lowest tier of the OTC market. Companies on this tier often have limited regulatory oversight and reporting requirements compared to companies listed on major exchanges like the NYSE or NASDAQ. This means that investors may have less access to reliable financial information and face higher risks associated with transparency and disclosure.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: As an OTC Other stock, TELNY likely experiences lower trading volumes and wider bid-ask spreads compared to stocks listed on major exchanges. This can make it more difficult to buy or sell shares quickly and at a desired price. Investors should be aware of the potential for price volatility and limited liquidity when trading TELNY on the OTC market.
OTC Risk Factors:
  • Limited regulatory oversight and reporting requirements.
  • Potential for price manipulation and fraud.
  • Lower trading volumes and wider bid-ask spreads.
  • Higher risk of delisting or suspension of trading.
  • Limited access to reliable financial information.
Due Diligence Checklist:
  • Verify the company's registration and legal status.
  • Review available financial statements and disclosures.
  • Assess the company's business model and competitive landscape.
  • Evaluate the management team and their track record.
  • Understand the risks associated with investing in OTC stocks.
  • Consult with a financial advisor before investing.
  • Monitor the company's news and announcements for any red flags.
Legitimacy Signals:
  • Established operating history and market presence.
  • Reputable management team with relevant industry experience.
  • Positive news coverage and analyst ratings.
  • Compliance with applicable regulations and reporting requirements.
  • Active investor relations and communication.

Common Questions About TELNY (Communication Services)

What does Telenor ASA do?

Telenor ASA is a global telecommunications company that provides a wide range of services, including mobile communication, fixed-line communication, and broadcasting. The company operates primarily in Scandinavia and Asia, offering voice, data, internet, and content services to individual subscribers and businesses. Telenor also provides machine-to-machine (M2M) communication solutions and internet-based services, positioning itself as a key player in the evolving digital landscape.

What do analysts say about TELNY stock?

Analyst consensus on TELNY stock is mixed, reflecting the challenges and opportunities in the telecommunications industry. Key valuation metrics include a P/E ratio of 28.72 and a dividend yield of 5.55%. Growth considerations include the company's expansion in Asian markets, investments in 5G technology, and digital transformation initiatives. Investors should conduct their own research and consider their individual risk tolerance before making any investment decisions.

What are the main risks for TELNY?

The main risks for Telenor ASA include regulatory changes, political instability in certain markets, intense competition from other telecommunications providers, cybersecurity threats, and economic downturns. The company's exposure to currency fluctuations and dependence on legacy technologies also pose challenges. Investors should carefully consider these risks and their potential impact on Telenor's financial performance and future growth prospects.

What are the key factors to evaluate for TELNY?

Telenor ASA (TELNY) holds an AI score of 46/100 (low). Not financial advice.

How frequently does TELNY data refresh on this page?

TELNY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven TELNY's recent stock price performance?

Telenor ASA (TELNY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong market position in Scandinavia and Asia. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider TELNY overvalued or undervalued right now?

Valuing Telenor ASA (TELNY) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

What research should beginners do before buying TELNY?

Before investing in Telenor ASA (TELNY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • The information provided is based on available data and analysis as of March 16, 2026.
  • Investment decisions should be made based on individual circumstances and risk tolerance.
Data Sources

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