Telenor Q3 2026: Profit Surges 225%, Revenue Falls 2.9%
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Telenor Q3 2026: Profit Surges 225%, Revenue Falls 2.9%
Telenor reported a 225 percent increase in net profit to NOK 9.85 billion in the third quarter of 2026, even as total revenue declined 2.9 percent to NOK 18.59 billion. The Norwegian telecom operator benefited from a major IoT business divestment, while subscriber growth, ARPU improvements and cost reductions supported its underlying operations. Telenor’s Q3 […]
Telenor management is satisfied with broadband growth in the Nordics and will push for share buybacks.
Telenor decided to accelerate share buybacks worth NOK 15 billion due to strong cash flow and business divestments
Telenor's revenue in the third quarter fell to NOK 18.59 billion, compared to NOK 19.15 billion in the same period last year.
VG
E24Telenor will present its third quarter results on Wednesday morning.
Telenor CEO Benedicte Schilbred Fasmer presents figures after an eventful quarter with everything from a major stock drop, billion-dollar fiber purchases and police raids.
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