Telenor traded at 128.30 this Thursday July 16th, decreasing 16.90 or 11.64 percent since the previous trading session. Looking back, over the last four weeks, Telenor lost 11.82 percent. Over the last 12 months, its price fell by 20.31 percent. Looking ahead, we forecast Telenor to be priced at 141.61 by the end of this quarter and at 132.47 in one year, according to Trading Economics global macro models projections and analysts expectations.
Telenor ASA is a telecommunication company. The Company's segments include Norway, Sweden, Denmark, Hungary, Bulgaria, Montenegro & Serbia, dtac-Thailand, Digi-Malaysia, Grameenphone-Bangladesh, Pakistan, Myanmar, Broadcast and Other units. The Company's main products and services are mobile communication, fixed line communication and broadcasting activities. The Company's mobile communication business mainly includes voice, data, Internet, content services, customer equipment and messaging. Its fixed services comprise telephony, Internet and television, leased lines, as well as data services and managed services. Its broadcast activities comprise Canal Digital DTH in the Nordics, satellite broadcasting and terrestrial radio and television transmission in Norway and Belgium. Its Other units consist of International wholesale, Telenor Digital, corporate functions and others.