Yahoo · Oct 29, 2026
Telenor (OB:TEL) Q3 Earnings Defy Revenue Drop With Profit Surge
Telenor walked into Q3 2026 earnings with the stock at NOK130 and a flat month behind it, hardly a ticker commanding strong conviction either way. Then the headline hit. Net income excluding extra items came in at NOK9,931m and basic earnings per share printed at NOK7.30, numbers that clash sharply with the muted share price drift. For a telecom group where cash generation and earnings quality matter more than hype, that profit print is the real story. The market reaction looks more like...