Corporate News
Telenor ASA has been the focus of several recent market updates, with analysts noting a modest shift in expectations for the company’s share price. Deutsche Bank adjusted its target upwards, citing a slight improvement in outlook, while maintaining a hold recommendation. This change follows a broader trend of analysts revising their estimates for the telecommunications group, reflecting a perceived stabilization in earnings and revenue growth.
In addition, Telenor’s subsidiary in Bangladesh, Grameenphone, released its first‑quarter results for 2026. The operator reported a small decline in organic service revenues and adjusted EBITDA, with a modest increase in the number of subscribers. The group highlighted a one‑off positive settlement that helped lift the adjusted earnings figure. These figures suggest that the business is managing to maintain subscriber momentum despite a softer revenue environment.
The market reaction to these developments has been measured. Stock movements have been within a narrow range, with no significant swings observed. Analysts continue to watch the company’s performance as it navigates a competitive market and a complex macroeconomic backdrop.
