Fact sheet
Telenor Group is a leading telecommunications company across the Nordics and Asia with 166 million customers and annual sales of around NOK 116 billion (2021).
Share price
NOK
Credit rating
Moodys: A3
S&P : A-
Leverage target
1.8-2.3x Net interest bearing debt to EBITDA
Number of shares:
1,399,458,033
Outlook
Entering 2022, we will maintain our focus on returning to growth, the opportunities we see from beyond connectivity , creating leading operators through partnerships in Asia and developing our infrastructure position in the Nordics. For the full year 2022 and excluding Digi in Malaysia, we expect low single digit growth in service revenues, EBITDA around 2021 level or slightly higher and capex to sales ratio of 16-17%. Read more
Dividend Policy
Telenor aims for year-on-year growth in ordinary dividends per share. Telenor pays semi-annual dividends. Buy-back of own shares and / or extraordinary dividend pay-outs will be evaluated on a case by case basis.
Dividend history
Key figures Telenor Group
| NOK in million | Year 2021 |
|---|---|
| Revenues | 115,839 |
| Organic revenue growth (%) | -2.7% |
| Subscription and traffic revenues | 87,147 |
| Organic subscription and traffic revenue growth (%) | -2.6% |
| EBITDA before other income and other expenses | 52,347 |
| Organic EBITDA growth (%) | 1.0 |
| EBITDA before other income and other expenses/Revenues (%) | 45.2 |
| Net income attributable to equity holders of Telenor ASA | 17,341 |
| Capex excl. licences and spectrum | 15,811 |
| Free cash flow before M&A | 12,542 |
| Mobile subscriptions - Change in quarter/Total (mill.) | 165.5 |