Telenor (TEL) Stock Price, Fundamentals & Analysis

What TEL does

Telenor (TEL) is a global telecommunications company operating through four segments: Nordics, Asia, Infrastructure, and Amp. It offers mobile and broadband telecom products and services, including mobile, broadband, and TV services, as well as managed services, virtual private networks, software defined networks, and network as a service. The company also provides IoT solutions, mobile maritime communication for cruise and ferry, fisheries, and oil and gas industry, hardware such as mobile phones, broadband modems, and TV boxes, wholesale services like national and international roaming and interconnect, and cloud storage services for private and business use. Telenor ASA was founded in 1855 and is headquartered in Fornebu, Norway. It is listed on the Oslo Børs and is part of the OBX index.

Key numbers explained

• Price: The current trading price of 128,5 NOK represents the last executed transaction on the Oslo Børs.
• P/E ratio: The trailing P/E ratio of 11 shows how much investors pay per unit of past earnings, while the forward P/E ratio of 13,5 reflects expectations for future earnings.
• Dividend yield: The dividend yield of 7,55% indicates the annual dividend payment as a percentage of the current share price.
• Beta: A beta of 0,25 suggests the stock is less volatile than the overall market.
• Return on equity: A return on equity of 25% measures how effectively the company generates profits from shareholders' equity.
• Debt-to-equity ratio: The debt-to-equity ratio of 128,1% indicates the company uses more debt than equity to finance its assets.
• Price-to-book: A priceToBook of 2,79 means the market values the company at nearly three times its book value.
• Price change over the last 52 weeks: The share price has fallen by -22,2% from its level one year ago, with a 52-week range of 125,2 – 178,7 NOK.

What to watch

Investors tracking TEL may consider the company's exposure to different geographic regions, particularly its operations in Asia and the Nordics. The debt-to-equity ratio of 128,1% is a factor to monitor for any changes in financial leverage. The upcoming nextEarningsDate of 28 oct. 2026 will provide a fresh look at the company's performance. The exDividendDate of 15 oct. 2026 is relevant for those interested in the dividend stream. As a telecom services stock, TEL can be influenced by regulatory changes, capital expenditure cycles, and competitive dynamics, similar to peers like T-Mobile US (TMUS), LG Uplus (032640), TRUE Corporation (TRUE), Softbank Corp (9434), Comcast (CMCSA), and XLSMART Telecom Sejahtera Tbk. (EXCL).