Telenor ASA
TEL: XOSL (NOR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?&> | LOCK|?@%? | LOCK|s>KGj%R |
Telenor Earnings: Improving Momentum, but Recovery Remains Uncertain
Telenor’s third-quarter results showed improving momentum after two quarters of guidance cuts. Organic EBITDA growth recovered to 1.5% from a 4.8% decline in the second quarter, while Finland showed some signs of stabilization. Management maintained its revised outlook for the year.
