Telenor rises on Q4 core profit beat

Telenor ASA

06/02/2026 08:19

** Shares in Norwegian telecom Telenor TEL.OL rise about 4% as it posted Q4 print that was a beat on the core profit line

** Its quarterly adjusted EBITDA came to NOK 8,561 million  ($876.23 million) against the average estimate of NOK 8,160 million on a poll provided by the company

** It also announced a planned three-year share buyback programme of NOK 15 billion, when initial sale of shares in True is completed

** Including today's rise the stock has gained 14.38% YTD​

($1 = 9.7703 Norwegian crowns)

 (Reporting by Elviira Luoma)

 ((Elviira.luoma@thomsonreuters.com))