Telenor Group Overview

  • Year Founded
  • 2000

Year Founded

  • Status
  • Public

  • Employees
  • 11,000


  • Stock Symbol
  • TEL

Stock Symbol

  • Investments
  • 89

  • Share Price
  • $11.22
  • (As of Friday Closing)

Telenor Group General Information


Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant telecom operator in Norway and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.

Contact Information

Formerly Known As
Ownership Status
Publicly Held
Financing Status
Primary Industry
Telecommunications Service Providers
Stock Exchange
Corporate Office
  • Snaroeyveien 30
  • 1360 Fornebu
  • Norway
+47 810 00 000

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Telenor Group Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$11.22 $11.05 $9.91 - $12.71 $15.2B 1.38B 1.31M $0.93

Telenor Group Financials Summary

In Thousands,
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 23,977,378 23,977,378 24,624,112 35,488,600
Revenue 7,595,271 7,595,271 7,954,790 11,265,396
EBITDA 1,905,332 1,905,332 2,903,487 5,831,619
Net Income 1,296,592 1,296,592 4,647,339 177,180
Total Assets 21,471,820 21,471,820 24,411,170 25,590,678
Total Debt 10,048,081 10,048,081 12,093,298 14,895,445
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Telenor Group Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Telenor Group Comparisons

HQ Location
Total Raised
Post Valuation
Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant te
Telecommunications Service Providers
Fornebu, Norway
11,000 As of 2023
00.000 0000-00-00
00000000 00.000


eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim ve
000000000000000000 0
Solna, Sweden
00000 As of 0000
0000 0000


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000000000000000000 0
Kista, Sweden
0000 As of 0000
00.00 0000-00-00
00000000000 00000
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Telenor Group Competitors (44)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Telia Company Corporation Solna, Sweden 00000 0000 0000 0000
Tele2 Formerly PE-Backed Kista, Sweden 0000 00000 00000000000 00000
Orange (Telecommunications Service Providers) Formerly PE-Backed Issy-les-Moulineaux, France 000000 00.00 000000000 00.00
Singtel Corporate Backed or Acquired Singapore, Singapore 00000 00000000000
Vodacom Group Corporation Sandton, South Africa 0000 00000000000
You’re viewing 5 of 44 competitors. Get the full list »

Telenor Group Executive Team (67)

Name Title Board Seat Contact Info
Sigve Brekke Chief Executive Officer & President
Lars Thomsen Chief Executive Officer
Morten Tengs Chief Executive Officer of Telenor Satellite Broadcasting
Morten Karlsen Sorby Chief Executive Officer, Uninor India
Tone Bachke Chief Financial Officer, Finance & Executive Vice President
You’re viewing 5 of 67 executive team members. Get the full list »

Telenor Group Board Members (8)

Name Representing Role Since
00000 0000 Telenor Group Board Member 000 0000
0000 00000 00.0 DNB Bank Chairman & Board Member 000 0000
000 00000000000 Self Board Member 000 0000
0000 000000000 Telenor Group Board Member 000 0000
You’re viewing 4 of 8 board members. Get the full list »

Telenor Group Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Telenor Group Investments & Acquisitions (89)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Skygard 19-Jun-2023 00000 0000 Media and Information Services (B2B) 00000 000
CelcomDigi 21-Jun-2021 0000000000 Telecommunications Service Providers
Telenor Microfinance Bank 02-Sep-2020 000000000 0000 National Banks
Working Group Two 16-Jul-2020 00 0000000 Business/Productivity Software 00000 000
Tellu 22-May-2020 Later Stage VC 00.000 Clinics/Outpatient Services
You’re viewing 5 of 89 investments and acquisitions. Get the full list »

Telenor Group Subsidiaries (16)

Company Name Industry Location Founded
Bldng.Ai IT Consulting and Outsourcing Fornebu, Norway 2021
Telenor 401 K Profit Sharing Plan Trust Corporate Pension Chicago, IL 0000
Strex Other Financial Services Oslo, Norway 0000
Norkring België Telecommunications Service Providers Schoten, Belgium 0000
Telenor Connexion Acquirer Stockholm, Sweden 0000
You’re viewing 5 of 16 subsidiaries. Get the full list »

Telenor Group ESG

Risk Overview

Risk Rating

Updated September, 27, 2023

26.1 | Med Risk

Risk Scale

A lower score indicates better sustainability












Exposure refers to the extent to which a company is exposed to different material ESG issues



Management is related to actions taken to manage ESG issues


Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.


Covered Companies

00 of 16,173




Telecommunication Services


00 of 234




Telecommunication Services


00 of 234




To view Telenor Group’s complete esg history, request access »

Telenor Group Exits (42)

Company Name Exit Date Exit Type Exit Size Status Buyers
Working Group Two 16-Jul-2020 00 000000000000000 Completed
  • 3 buyers
Working Group Two 05-Oct-2017 00000 0000000 Completed
  • 2 buyers
Picniic 26-Sep-2017 00000 00000 00 000 Completed
  • 3 buyers
Fishbrain 25-May-2017 00000 00000 00 00.000 Completed
  • 6 buyers
MySmacEd 27-Feb-2017 Accelerator/Incubator Completed
You’re viewing 5 of 42 exits. Get the full list »

Telenor Group FAQs

  • When was Telenor Group founded?

    Telenor Group was founded in 2000.

  • Who is the CEO of Telenor Group?

    Sigve Brekke, Lars Thomsen, Morten Tengs, and Morten Karlsen Sorby are the CEOs of Telenor Group.

  • Where is Telenor Group headquartered?

    Telenor Group is headquartered in Fornebu, Norway.

  • What is the size of Telenor Group?

    Telenor Group has 11,000 total employees.

  • What industry is Telenor Group in?

    Telenor Group’s primary industry is Telecommunications Service Providers.

  • Is Telenor Group a private or public company?

    Telenor Group is a Public company.

  • What is Telenor Group’s stock symbol?

    The ticker symbol for Telenor Group is TEL.

  • What is the current stock price of Telenor Group?

    As of 19-Apr-2024 the stock price of Telenor Group is $11.22.

  • What is the current market cap of Telenor Group?

    The current market capitalization of Telenor Group is $15.2B.

  • What is Telenor Group’s current revenue?

    The trailing twelve month revenue for Telenor Group is $7.6B.

  • Who are Telenor Group’s competitors?

    Telia Company, Tele2, Orange (Telecommunications Service Providers), Singtel, and Vodacom Group are some of the 44 competitors of Telenor Group.

  • What is Telenor Group’s annual earnings per share (EPS)?

    Telenor Group’s EPS for 12 months was $0.93.

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