Last 127.50 NOK
Change Today +1.80 / 1.43%
Volume 2.1M
As of 10:25 AM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

telenor asa (TEL) Snapshot

Open
126.40 NOK
Previous Close
125.70 NOK
Day High
127.50 NOK
Day Low
125.80 NOK
52 Week High
05/13/13 - 133.70 NOK
52 Week Low
06/4/12 - 86.90 NOK
Market Cap
198.9B
Average Volume 10 Days
1.9M
EPS TTM
8.06 NOK
Shares Outstanding
1.6B
EX-Date
05/16/13
P/E TM
15.8x
Dividend
6.00 NOK
Dividend Yield
4.71%
Current Stock Chart for TELENOR ASA (TEL)

telenor asa (TEL) Latest News

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telenor asa (TEL) Details

Telenor ASA operates as a telecommunication company worldwide. It engages in the mobile communication, fixed line communication, and TV-based activities. The company’s mobile communication services include voice, data, Internet, and content services, as well as customer equipment and messaging. Its fixed line services comprise fixed telephony services, which include traffic/subscriptions and connections for PSTN/ISDN and voice over Internet protocol (VoIP); Internet and TV services comprising subscriptions for xDSL, fiber, Internet traffic, and TV services; and leased lines, as well as data services and managed services. The company’s TV-based services consist of satellite TV activities, such as pay-TV services through satellite dish, satellite master antenna TV-networks systems, and broadcasting rights, as well as terrestrial radio and TV transmission, and sale of encryption and conditional access services for TV distribution. It also engages in real estate activities; and provision of machine-to-machine, maritime, and aircraft communication solutions, as well as mobile marketing agency services, including mobile campaigns, mobile CRM, mobile learning, mobile-in-store, and mobile Websites. Telenor ASA was founded in 1885 and is headquartered in Fornebu, Norway.

32,900 Employees
Last Reported Date: 04/22/13
Founded in 1885

telenor asa (TEL) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: 8.5M NOK
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: 4.7M NOK
Head of Strategy & Regulatory Affairs and Exe...
Total Annual Compensation: 5.1M NOK
Executive Vice President and Regional Head of...
Total Annual Compensation: 4.7M NOK
Head of Group Industrial Development and Exec...
Total Annual Compensation: 3.4M NOK
Compensation as of Fiscal Year 2012.

telenor asa (TEL) Key Developments

Fortum Oyj Partners with Telefónica, S.A. and Telenor ASA to Bring Direct Carrier Billing Services to 460 Million Additional Subscribers Worldwide

Fortum Oyj has signed Global Framework Agreements with Telefónica, S.A. and Telenor ASA to bring direct carrier billing services to 460 million additional subscribers worldwide. Using the BlueVia Payments API to charge purchases to their mobile operator bill, users in more than 30 countries will now be able to purchase digital goods over the web and on Android, Windows 8 and Windows Phone devices. Mobile operator billing is win for everyone. It makes it much simpler and convenient for consumers to buy digital goods which in turn helps content owners monetize their content. Developers usually don't want to do a different billing integration for each mobile operator or store. Fortumo's technology enables them to do one integration and gain billing access to the subscriber base of many mobile operators in 80 countries. With Fortumo's platform, mobile payments are available to all mobile phone users and payments are charged directly to their operator bill. Using mobile payments has enabled some app and online developers to increase their conversion and emerging market revenues by more than 10 times. Mobile operator billing is especially important in emerging markets of Asia and Latin America, where credit card penetration is low. For example, Brazil, one of Telefónica's key markets, has 260 million mobile users, but only 60 million credit cards. The difference in ownership is even bigger in Bangladesh, one of the markets in which Telenor operates - from the 160 million inhabitants, roughly 1% have credit cards, while mobile phone penetration is 68%. Together with Telefonica's and Telenor's agreement, Fortumo's payment platform now reaches users in more than 80 countries. Fortumo's mobile payments platform, including direct billing connectivity to Telefonica and Telenor is available to all developers looking to accept global mobile payments and provide their customers with a seamless and secure payment experience.

Telenor ASA Announces Board Changes

Telenor ASA announced that Marit Vaagen was elected as new shareholder representative of the board. In 2008 she founded Sirona AB, a healthcare management company, where she currently holds the position as CEO. Liselott Kilaas resigned from the board.

Telenor ASA Approves Dividend for 2012

Telenor ASA at the AGM held on May 15, 2013, has approved a dividend of NOK 6.00 per share for 2012. This is the highest dividend to be paid out to shareholders since the company was stock listed in December 2000.

 

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Industry Analysis

TEL

Industry Average

Valuation TEL Industry Range
Price/Earnings 15.0x
Price/Sales 1.9x
Price/Book 2.5x
Price/Cash Flow 7.2x
TEV/Sales 1.3x
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