|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||8.48 - 8.48|
|52 Week Range||6.51 - 10.24|
|Beta (5Y Monthly)||0.99|
|PE Ratio (TTM)||605.71|
|Forward Dividend & Yield||0.41 (4.81%)|
|Ex-Dividend Date||Jul 24, 2019|
|1y Target Est||N/A|
Telenor expects to decide on its supplier of 5G technology in the fourth quarter of 2019, its CEO told Reuters, despite having as yet no clarification from Norwegian authorities as to whether Huawei can be one of them. The Nordic country's government has for months been assessing measures to reduce potential vulnerabilities in its telecoms industry and, like other U.S. allies, is under pressure from Washington not to allow the Chinese company as a supplier.
Norwegian telecoms group Telenor said on Tuesday the company expects a decline in earnings for the rest of the year, dented by problems faced at some of its Asian operations. The new guidance includes an "adjusted outlook" at its Malaysian operations, Digi, as well as a provision from its Grameenphone business in Bangladesh, Telenor said. The Norwegian company had said on Sunday its second-quarter earnings would take a hit from "errors" discovered at Grameenphone.