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Telenor ASA

Company Profile Analysis

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Telenor ASA - ICT showcase

Year Founded & Workforce

1855

16,000 Employees

Industry

ICT

Services

Direct Carrier Billing
T

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Telenor ASA Overview

Company Headquarters: Norway

Founded: 1855

Workforce: ~16,000

Company Working: Globally, Telenor ASA (Telenor) and its affiliates provide telecommunications services. Mobile, fixed-line, and broadcasting services are some of its main goods and services. The company's mobile communication services comprise voice, data, Internet, content services, consumer equipment, and messaging. Telephony, Internet, TV, leased lines, data and managed services, and broadcasting and data communication services via satellite, terrestrial radio, and TV transmission make up its fixed-line services. The business also offers financial services, internet-based services, and machine-to-machine communication.

Strategy

Telenor has adhered to the fundamental principle of conducting business responsibly while executing its strategy for the previous years and creating a strong base for further modernization and reinforced growth ambition. To meet new consumer expectations and expand its company, both in terms of communication revenues and related services, Telenor feels there is substantial potential as the markets begin to recover from the epidemic.

Company Snapshot

$13,300M

Revenue

16,000

Employees

1855

Founded

Norway

Headquarters

SWOT Analysis

Strengths

  • Leading provider of television and broadcasting services in the Nordic region
  • Strong brand name

Weaknesses

  • Still unable to build the brand internationally in customer's mind
  • Tough global competition

Opportunities

  • Focusing on the specific requirements of customers will help brand resonance in international markets
  • Focus on advertising and give more options to customers

Threats

  • Mobile number portability

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Key Developments

DateApproachDevelopment
April 2021RecognitionWith its Global Direct Operator Billing (DOB) technology, Telenor Digital and Telenor won the Gold Award for Best Carrier Billing Provider in the Telco Innovation category.
April 2020OthersThe Direct Carrier Billing (or DCB) option from Telenor Myanmar allows customers to download and buy digital material from the Google Play Store, such as games, movies, music, eBooks, apps, etc., and charge it to their Prepaid balance. The global Direct Operator Billing platform, Google Play, and the hardworking team at Telenor Digital have all contributed to making this happen.

Product Offering

  • Telenor ASA
    • Direct Carrier Billing

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 13.3 Bn in 2019 to USD 12.9 Bn in 2021.
Telenor ASA — By Business Segment
Series (USD Bn)201920202021
Sales13.31212.9

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