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Telenor ASA (TEL.OL)

TEL.OL on Oslo Stock Exchange

152.75NOK
19 Oct 2018
Change (% chg)

kr2.60 (+1.73%)
Prev Close
kr150.15
Open
kr150.65
Day's High
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kr149.15
Volume
1,938,868
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1,574,028
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kr191.70
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kr148.85

Latest Key Developments (Source: Significant Developments)

Telenor Purchases 180,000 Own Shares At An Average Price Of NOK 158.80 Per Share
Thursday, 6 Sep 2018 01:39pm EDT 

Sept 6 (Reuters) - Telenor ASA ::PURCHASED 180,000 OWN SHARES AT AN AVERAGE PRICE OF NOK 158.80 PER SHARE.AFTER THIS TRANSACTION TELENOR OWNS A TOTAL OF 6,608,654 OWN SHARES.  Full Article

Telenor: Thailand's DTAC buys 2X5 Mhz of 1800 Mhz Spectrum for $377 mln
Sunday, 19 Aug 2018 04:54am EDT 

Aug 19 (Reuters) - Telenor ASA : :DTAC ACQUIRES 2X5 MHZ OF 1800 MHZ SPECTRUM.TELENOR'S SUBSIDIARY IN THAILAND, DTAC, HAS TODAY ACQUIRED 2X5 MHZ SPECTRUM IN THE 1800 MHZ BAND FOR THE RESERVE PRICE THB 12.511 BILLION ($377.29 million)(AROUND NOK 3.2 BILLION). THE PAYMENT PLAN CONSISTS OF AN UPFRONT PAYMENT OF THB 6.25 BILLION, FOLLOWED BY TWO EQUAL INSTALLMENTS OF THB 3.125 BILLION IN 2020 AND 2021.THE LICENSE IS VALID FOR 15 YEARS. .TELENOR OWNS 43 PERCENT IN THAILAND'S TOTAL ACCESS COMMUNICATION PCL (DTAC)<<>>.RELTATED STORY: UPDATE 2-Thai firms bid 25 bln baht for two licenses at 1800-mhz auction nL3N1VA035.  Full Article

Telenor Has On 24 July 2018 Purchased 110,000 Own Shares At NOK 158.81 Per Share
Tuesday, 24 Jul 2018 04:58pm EDT 

July 24 (Reuters) - Telenor ASA ::TELENOR HAS ON 24 JULY 2018 PURCHASED 110,000 OWN SHARES AT AN AVERAGE PRICE OF NOK 158.81 PER SHARE.AFTER THIS TRANSACTION TELENOR OWNS A TOTAL OF 2,728,638 OWN SHARES.  Full Article

PPF says secures EUR 3.025 bln financing for Telenor CEE assets
Wednesday, 21 Mar 2018 09:58am EDT 

March 21 (Reuters) - Telenor Asa ::CZECH PPF SAYS SECURES EUR 3.025 BILLION FINANCING FOR TAKING OVER TELENOR ASSETS IN CEE.PPF SAYS LOAN UNDERWRITTEN BY BNP PARIBAS FORTIS, CRÉDIT AGRICOLE CIB, CESKA SPORITELNA, HSBC, SOCIETE GENERALE AND UNICREDIT.PPF SAYS ACQUISITION FULFILLING OUR LONG-HELD GOAL TO BECOME A MID-SIZED EUROPEAN OPERATOR.  Full Article

Telenor in EUR 2.8 bln deal to sell central, eastern Europe assets
Wednesday, 21 Mar 2018 03:00am EDT 

March 21 (Reuters) - Telenor Asa ::TELENOR AGREES TO SELL ITS CENTRAL AND EASTERN EUROPEAN ASSETS TO PPF.‍BOARD TO PROPOSE SPECIAL DIVIDEND OF NOK 4.40 PER SHARE​.‍AGREEMENT TO SELL ITS ASSETS IN CENTRAL AND EASTERN EUROPE (CEE) TO PPF GROUP FOR EUR 2.8 BILLION (AROUND NOK 27 BN)​.‍TRANSACTION INCLUDES TELENOR'S WHOLLY-OWNED MOBILE OPERATIONS IN HUNGARY, BULGARIA, MONTENEGRO AND SERBIA AND TECHNOLOGY SERVICE PROVIDER TELENOR COMMON OPERATION​.‍CEE OPERATIONS CONTRIBUTED APPROXIMATELY NOK 11.8 BILLION OR 9% OF TELENOR GROUP'S REVENUES AND NOK 4.1 BILLION OR 8% OF EBITDA IN 2017​.‍INCLUDING PROPOSED ORDINARY DIVIDEND OF NOK 8.10 PER SHARE FOR 2017, TOTAL PROPOSED PAY-OUT TO SHAREHOLDERS IN 2018 WILL BE APPROXIMATELY NOK 19 BILLION​.‍AS PREVIOUSLY COMMUNICATED, COMPANY ALSO PLANS TO ASK AGM FOR A NEW BUYBACK MANDATE TO SECURE FLEXIBILITY FOR ADDITIONAL SHAREHOLDER REMUNERATION GOING FORWARD​.‍OUR PROPOSED USE OF PROCEEDS BALANCES OUR AIM TO DELIVER ATTRACTIVE SHAREHOLDER REMUNERATION, WHILE PRESERVING STRATEGIC FLEXIBILITY​.‍IN COMING YEARS, WE BELIEVE THERE WILL BE VALUE ACCRETIVE OPPORTUNITIES WITHIN OUR CORE BUSINESS AREAS AND GEOGRAPHIES​.‍TRANSACTION IS EXPECTED TO BE COMPLETED WITHIN Q3 2018​.‍PPF GROUP IS LARGEST PRIVATE INVESTMENT GROUP IN CEE​.‍AGREED TRANSACTION PRICE CORRESPONDS TO AN EV/EBITDA MULTIPLE OF 6.4 BASED ON 2017 EBITDA​.‍TRANSACTION IS ESTIMATED TO RESULT IN AN ACCOUNTING GAIN AFTER TAX OF AROUND 3 NOK BILLION​.  Full Article

Total Access Communication's CEO Lars-Åke Norling to step down
Tuesday, 13 Mar 2018 09:45pm EDT 

March 13 (Reuters) - Total Access Communication <>::LARS-ÅKE NORLING TO STEP DOWN AS CHIEF EXECUTIVE OFFICER OF DTAC.TOTAL ACCESS COMMUNICATION - CEO LARS-ÅKE NORLING HAS DECIDED TO LEAVE COMPANY​.TOTAL ACCESS COMMUNICATION- ‍LARS-ÅKE NORLING WILL REMAIN IN HIS CURRENT ROLE UNTIL SEPTEMBER 1, 2018, OR UNTIL A SUCCESSOR HAS BEEN APPOINTED​.TOTAL ACCESS COMMUNICATION SAYS ‍HAS INITIATED PROCESS OF APPOINTING A NEW CEO.​.  Full Article

Bharti Airtel Says NCLT Sanctioned Scheme Of Amalgamation Between Telenor (India) Communications, Co
Friday, 9 Mar 2018 07:13am EST 

March 9 (Reuters) - Bharti Airtel Ltd ::SAYS NCLT, NEW DELHI, PRINCIPAL BENCH SANCTIONED SCHEME OF AMALGAMATION BETWEEN TELENOR (INDIA) COMMUNICATIONS, CO.  Full Article

Eyeonid Announces Telenor Group To Be Global Partner
Tuesday, 6 Mar 2018 04:31am EST 

March 6 (Reuters) - EYEONID GROUP AB ::(PUBL) GOES LIVE WITH TELENOR GROUP, WHICH TODAY LAUNCHES EYEONID'S SERVICE VIA TELENOR NORWAY.‍TELENOR NORWAY WILL BE FIRST COUNTRY TO LAUNCH SERVICE​.‍PARTIES HAVE SIGNED A GLOBAL FRAMEWORK AGREEMENT​.  Full Article

Telenor completes 2017-2018 share buyback programme
Wednesday, 28 Feb 2018 11:45am EST 

Feb 28 (Reuters) - Telenor Asa ::MARKET PART OF TELENOR'S 2017-2018 SHARE BUYBACK PROGRAMME FINALISED.  Full Article

Telenor Purchased 204,168 Own Shares At An Average Price Of Nok 178.26 Per Share
Wednesday, 28 Feb 2018 11:45am EST 

Feb 28 (Reuters) - Telenor Asa ::PURCHASED 204,168 OWN SHARES AT AN AVERAGE PRICE OF NOK 178.26 PER SHARE.AFTER THIS TRANSACTION, TELENOR OWNS A TOTAL OF 13,810,438 OWN SHARES.  Full Article

South African fintech JUMO to expand in Asia with Goldman Sachs backing

JOHANNESBURG, Sept 18 South Africa-based financial technology firm JUMO plans to expand in high-growth Asian markets after securing the backing of Goldman Sachs in an equity funding round, the company's chief executive said.