0
General

Telenor raises dividend after divestments boost Q4 profits, targets stable results in 2021

Tuesday 2 February 2021 | 09:39 CET | News
Telenor increased its annual dividend to NOK 9.0 per share from NOK 8.7 in 2020, after a strong improvement in profits, supported by cost-cutting and divestment proceeds. The company said it aims for stable organic revenues and adjusted EBITDA in 2021, with expected continued pressure on results in Asia due to the weak economic conditions following the pandemic. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: DNA / Telenor
Countries: Asia / Scandinavia
::: add a comment
This article is part of dossier

5G


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

DNA CEO Leinonen to expand role as head of Telenor's Nordic cluster to full-time post in autumn

Published 17 Mar 2021 12:12 CET | Scandinavia
Telenor Group has announced that Jukka Leinonen, the CEO of Finnish division DNA, will expand his position as head of the group's ...

Bangladesh adds more than 3 million mobile subscribers in February

Published 08 Mar 2021 07:21 CET | Bangladesh
Bangladesh ended February with more than 173.3 million mobile phone subscribers, up from 170.2 million in January, according ...

Telefonica tops RDR 2020 index for telecoms corporate accountability, Vodafone 2nd, Telenor and AT&T come 3rd

Published 26 Feb 2021 13:21 CET | World
Telenor said it has come third among telecommunications operators in the Ranking Digital Rights (RDR) Corporate Accountability ...

Myanmar Cyber Security Bill should not be passed as proposed - Telenor

Published 16 Feb 2021 12:20 CET | Myanmar
In response to Myanmar authorities' request for consultation, Telenor Group has raised several issues related to the propose ...

Myanmar government orders mobile operators to shut down data networks

Published 08 Feb 2021 13:10 CET | Myanmar
Telenor Group has announced that the Myanmar Ministry of Transport and Communications (MoTC) has directed all mobile operators to ...

DNA gains fixed internet subscribers in Q4 but loses mobile customers

Published 02 Feb 2021 12:25 CET | Finland
Telenor's Finnish division DNA improved fourth quarter revenue and EBITDA year on year and added fixed internet subscribers in Q4 ...

Telenor Denmark adds 1,000 mobile customers, 1,000 fixed internet subscribers in Q4

Published 02 Feb 2021 11:53 CET | Denmark
Telenor Denmark ended 2020 with 1.7 million mobile subscribers, up by 2 percent year on year, but mobile ARPU fell 3 percent ...

Telenor Sweden adds 13,000 mobile customers in Q4, price pressure and lower roaming income hit ARPU

Published 02 Feb 2021 11:24 CET | Sweden
Telenor said its Swedish business expanded its mobile customer base by 13,000 in the fourth quarter and ended 2020 with about the ...

Telenor Norway Q4 EBITDA improves as mobile revenue rises on smaller customer base

Published 02 Feb 2021 10:58 CET | Norway
Telenor Norway has announced an upturn in mobile revenue in the fourth quarter of 2020 to NOK 4.06 billion from NOK 4.02 billion ...

Dtac's net profit drops nearly 6% in 2020, customer base recovers in Q4

Published 02 Feb 2021 10:28 CET | Thailand
Thai operator Total Access Communication (dtac) ended 2020 with 18.9 million subscribers. Dtac's subscriber base recovered and ...

Telenor signs sale and lease-back agreement for HQ

Published 21 Oct 2020 15:16 CET | Norway
Telenor has announced the sale of its headquarters at Fornebu to NPRO Holding, a wholly owned subsidiary of Norwegian Property, ...

Telenor raises FY forecast for growth in underlying EBITDA thanks to cost cuts

Published 21 Oct 2020 09:25 CET | Scandinavia
Telenor said it now expects to report a small increase in underlying EBITDA this year, after a return to growth in the third ...

Telenor cuts FY outlook as underlying revenues turn lower in Q2

Published 16 Jul 2020 09:19 CET | Scandinavia
Telenor has lowered its outlook for full-year results, after the Covid-19 outbreak led to a slowdown in the second quarter. ...

Telenor forecasts slower growth ahead after solid Q1 results

Published 28 Apr 2020 08:47 CET | Scandinavia
Telenor reported higher first-quarter results, supported by its takeover of DNA in Finland and organic growth. However, the ...

Telenor sets new targets for up to 2% service revenue growth, further cost reductions

Published 03 Mar 2020 12:13 CET | Scandinavia
Telenor is targeting subscription and traffic revenue growth between zero and 2 percent per year from 2020 to 2022, the operator ...

Telenor offers higher dividend after drop in profit in 2019, sees return to underlying EBITDA growth in 2020

Published 29 Jan 2020 08:52 CET | Scandinavia
Telenor has increased its dividend by 4 percent to NOK 8.7 per share, despite a drop in net profit over the past year due to ...