Telenor ASA Stock

Telenor ASA, together with its subsidiaries, operates as a telecommunication company.

The company’s main products and services are mobile communication and fixed line communication. The company’s mobile communication business mainly includes voice, data, internet, content services, customer equipment and messaging. In Norway, Sweden, Denmark and Finland, the fixed line businesses are reported together with mobile operations. Fixed services comprise telephony, Internet and TV and leased lines, as well as data services and managed services.

Other units consist of Global Wholesale, Corporate Functions, Norkring (Norkring AS), Telenor Satellite (Telenor Satellite AS) and Other Businesses, including Digital Services. The Global Wholesale business focuses on interconnecting global operators and delivering key communications services on a global scale. They enable the operators to route international voice, messaging, data and signaling traffic through a single connection to a global network. In addition, they collectively handle all international roaming relationships for the company’s operators. Corporate Functions comprise activities, such as real estate, global shared services, research and development, strategic group projects, Group Treasury, the internal insurance company and support functions.

Norkring and Telenor Satellite offer broadcasting and data communication services via satellite, and terrestrial radio and TV transmission in Norway and Belgium. Other Businesses consists mainly of mobile communication business at sea conducted by Telenor Maritime AS, as well as Digital Services, including companies operating within international communication services and machine to machine communication, as well as internet based services, digital media advertising and financial services.

The company provides mobile and fixed telephony services, leased lines, customer equipment, internet connections, TV distributions and other services to the state and companies controlled by the state in the normal course of business. The company also purchases services, such as postal services, in the normal course of business. In addition, the company sold transmission capacity and related services in the digital and analog terrestrial transmission network to Norsk rikskringkasting AS.

Services

Mobile Subscription and Traffic: Consist of subscription and connection fees, revenues from voice (outgoing traffic) and non-voice traffic, outbound roaming and other mobile service revenues. Subscription and traffic includes only revenues from the company’s own subscriptions.

Fixed Telephony: Consist of subscription and connection fees, traffic (fixed to fixed, fixed to mobile, to other countries, value added services, and other traffic) for PSTN/ISDN and Voice over Internet Protocol.

Fixed Internet and TV: Consist of subscription, traffic charges and connection fees for xDSL, cable, fibre and fixed wireless access, in addition to revenues from TV services. Highspeed fixed internet includes fibre, cable, VDSL and fixed wireless access.

Fixed Data Services: Consist of Nordic Connect/IP-VPN and security.

Other Revenues

Interconnect: Consist of revenues from incoming traffic related to the company’s own subscriptions. Revenues from incoming traffic related to service provider or MVNO (mobile virtual network operators) subscriptions are not included.

Other Mobile: Consist of inbound roaming, national roaming, telemetric and revenues related to service providers and MVNOs. Telemetric is defined as subscriptions and services related to machine-to-machine (M2M) / Internet of Things (IoT), i.e. industrial mobile data applications directed at communication between machines.

Non-mobile: Consist of revenues from customer equipment and businesses that are not directly related to mobile operations.

Wholesale: Consist of sale to service providers of telephony (PSTN/ISDN), Bitstream, LLUB, national and international interconnect, transit traffic, leased lines and other wholesale products.

Satellite: Consist of revenues from satellite services from the satellite position 1-degree west.

Norkring: Consist of revenues from terrestrial radio and TV transmission in Norway and Belgium.

Other: Consist of leased lines, managed services and other retail products.

Research and Development

The company’s research and development costs were Norwegian Kroner 280 million in 2019.

History

Telenor ASA was founded in 1885.