Latest news with #Telenor
Yahoo
05-06-2025
- Business
- Yahoo
Best Income Stock to Buy for June 5th
Here is the stock with buy rank and strong income characteristics for investors to consider today, June 5th: Telenor TELNY: This leading telecommunications company in Norway, which is among the most advanced telecommunications markets in the world, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days. Telenor ASA price-consensus-chart | Telenor ASA Quote This Zacks Rank #1 (Strong Buy) company has a dividend yield of 3.9%, compared with the industry average of 0.8%. Telenor ASA dividend-yield-ttm | Telenor ASA Quote See the full list of top ranked stocks here. Find more top income stocks with some of our great premium screens Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Telenor ASA (TELNY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Insider
25-05-2025
- Business
- Business Insider
Kepler Capital Remains a Hold on Telenor (0G8C)
In a report released on May 23, Kristoffer Carleskar from Kepler Capital maintained a Hold rating on Telenor (0G8C – Research Report), with a price target of NOK162.00. The company's shares closed last Friday at NOK154.68. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Carleskar is a 2-star analyst with an average return of -1.1% and a 63.64% success rate. Currently, the analyst consensus on Telenor is a Hold with an average price target of NOK151.40, which is a -2.12% downside from current levels. In a report released on May 8, Barclays also maintained a Hold rating on the stock with a NOK150.00 price target. The company has a one-year high of NOK159.35 and a one-year low of NOK118.90. Currently, Telenor has an average volume of 507.4K.
Business Recorder
22-05-2025
- Business
- Business Recorder
Telenor launches next-generation CMS
ISLAMABAD: Telenor Pakistan launched its next-generation Commission Management System (CMS), aimed at revolutionising how commissions are calculated and disbursed across its retail and franchise network. Powered by SAP and hosted on Google Cloud, the newly deployed CMS is designed to enhance transparency, ensure real-time accuracy, and build stronger relationships with channel partners. The successful implementation was carried out in collaboration with Telenor's system integration partner, Tallymarks Consulting (TMC). The launch ceremony, held at Telenor's Islamabad headquarters, was attended by senior company officials including CEO Khurrum Ashfaque, Chief Technology Officer Awais Naseem Vohra, Chief Consumer Business Officer Waqas Aman Ullah, and Vice President IT Qurban Ali. 'This marks a significant milestone in our ongoing digitalization and transformation journey,' said Khurrum Ashfaque, CEO of Telenor Pakistan. 'CMS is a key component in strengthening our operational backbone while empowering our partners.' Waqas Aman Ullah, CCBU head, emphasised that the CMS is a "key differentiator" in the competitive telecom landscape. 'It helps build long-term, sustainable relationships with our partners while driving enhanced business performance,' he noted. Highlighting the technical evolution, CTO Awais Naseem Vohra said, 'CMS is a step forward in Telenor Pakistan's journey to become a truly digital player. It will further solidify our bond with retailers by catering to their evolving needs.' The CMS offers instant visibility into earnings, data-driven campaign insights, and ensures timely payouts—fostering trust and efficiency. It is also expected to improve customer experiences by enabling more tailored offerings through intelligent data analytics. Copyright Business Recorder, 2025
Yahoo
09-05-2025
- Business
- Yahoo
Digital sovereignty and national AI creates opportunities
With the current geopolitical tensions and global powers trying to win the AI race, digital sovereignty and national AI are being driven through strategic national initiatives. Digital sovereignty is already a key concern for various governments as the use of technology becomes pervasive, in various aspects including social services and critical infrastructure. The extent of digital solutions and their importance means a country's control over its infrastructure, data, and systems, without influence from foreign entities is paramount. This is accentuated by the growing geopolitical tensions around the globe and the need to protect against extraterritorial laws that may compromise data sovereignty. Digital sovereignty has been driven in part by data protection regulations. With the rapid development and adoption of AI, it has become even more crucial since sensitive data may need to be processed for training AI models. Alongside data protection, digital sovereignty needs to take into account operational sovereignty, which means maintaining visibility and control over operations using trusted personnel and entities. Technical sovereignty is another consideration, which ensures the ability to run applications without being overly dependent on foreign suppliers. Open-source applications play a crucial role in achieving this objective. The increased emphasis on digital sovereignty has created opportunities for home-grown IT services providers and telecom operators that already have strong relationships with the public sector and major enterprises in the markets they serve. For example, Capgemini and Orange launched Bleu, a company they have jointly created to offer Microsoft-based cloud services that meet standards set by French authorities for data protection and sovereignty requirements. This helps Bleu to target critical infrastructure operators, public institutions, and enterprises in regulated industries across France. It also mitigates against US extraterritorial law (CLOUD Act). Besides France, sovereign cloud solutions have also been introduced by European countries, for example, by T-Systems in Germany and Proximus in Belgium. The trend is now quickly shifting to sovereign AI solutions. For example, Capgemini has worked with Telenor to develop Norway's first sovereign AI cloud service in collaboration with Nvidia. Telenor's AI factory was launched in late 2024 to help enterprises adopt AI, which ensuring security, sustainability (it runs on 100% renewable energy), and data sovereignty within Norway. Atos has also won deals to develop sovereign AI capabilities. Most recently, its Eviden business unit won a EUR50 million contract with Serbia's Office for IT and eGovernment to deploy a national AI factory, comprising an AI center of excellence and an AI-dedicated supercomputer platform. Eviden is deploying its BullSequana XH3000 supercomputer, which is designed and manufactured in France, which helps to alleviate hardware supply chain concerns. The recent announcement by the EU to set up AI gigafactories will be another catalyst. This is not just happening in Europe. Sovereign cloud and AI solutions are also being deployed in the Middle East and Asia-Pacific. National AI programs have been driven by government initiatives but often undertaken by domestic telecom operators and other local companies. For example, in Saudi Arabia, the Saudi Data and Artificial Intelligence Authority (SDAIA) has been developing the country's sovereign AI cloud and building an ecosystem, which includes key players such as stc and Aramco Digital. In Thailand, underpinned by the government's National AI Strategy (2022-2027), local players such as True, Cloud, and Gulf Edge have also been actively building AI capabilities in the country by working with various global technology partners. While the local IT service providers and telcos are well-positioned to develop the AI infrastructure, they often do not have extensive AI expertise to help enterprises develop solutions and human capital. Major global systems integrators have been developing their AI practice, which can help their telco customers/partners in various markets bridge the gap. This can also include building the right technology partner ecosystem, strengthening security posture, and developing AI expertise. "Digital sovereignty and national AI creates opportunities" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
07-05-2025
- Business
- Yahoo
Telenor ASA (TELNF) Q1 2025 Earnings Call Highlights: Strong Nordic Growth Amidst Global Challenges
Q : Why did Telenor decide to stick with mid-single-digit guidance for Nordic EBITDA growth despite strong Q1 performance? A : Benedicte Schilbred Fasmer, Group CEO, explained that it's still early in the year, and there are fluctuations expected throughout the year. The company remains confident in its mid-single-digit guidance and will adjust as necessary as the year progresses. Torbjorn Wist, EVP & CFO, added that the cost allocation between Nordic and other categories contributed to the decision, with some costs reallocated to headquarters and other areas. Telenor experienced higher churn in Norway and Finland, with increased competition in the B2B market and a decline in fixed broadband subscribers. The company is expanding its AI factory to meet the growing demand for sovereign and secure AI solutions, with plans to scale further. Telenor's Nordic mobile networks were recognized as the best in the region by OpenSignal, and Ookla awarded Telenor Norway as the fastest mobile and 5G network. The company achieved a 5.8% EBITDA growth in the Nordics, driven by a 3.9% increase in mobile service revenue and a 1% decline in OpEx. For the complete transcript of the earnings call, please refer to the full earnings call transcript . Story continues Q: Can you elaborate on the potential for consolidation in the Nordic telecom market? A: Benedicte Schilbred Fasmer, Group CEO, stated that the European telecom market has over 100 players, and there is a need for scale, especially with the need for larger investments in networks. Telenor sees opportunities for in-market consolidation, particularly in Denmark and Sweden, and believes there might be a more positive climate for such mergers now. Q: What is driving the weaker KPIs in Norway and Finland, and what is the strategy to address this? A: Benedicte Schilbred Fasmer, Group CEO, noted that there was higher churn in Norway due to back book changes, and competition in Denmark and Finland has intensified. The company has implemented back book price changes and included a wider array of services, which has resulted in a slight downturn in subscriber numbers but maintained a strong top line. Q: Could you provide more insight into the defense contracts and their potential impact on service revenue? A: Benedicte Schilbred Fasmer, Group CEO, mentioned that while it's early days, the defense contracts, particularly in Finland, are currently small. However, Telenor has significant relationships with armed forces, especially in Norway, and sees potential for increased activity and opportunities in this area. Q: How does Telenor plan to improve performance in Celcom Digi, and what steps can be taken as a joint venture partner? A: Benedicte Schilbred Fasmer, Group CEO, explained that Telenor supports Celcom Digi through board seats and operational roles to help improve performance. The company is taking measures to enhance both top-line and cost-side performance, with the merger plan and synergies remaining on track. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
