Telenor lowers 2026 outlook as Q2 service revenues slip 0.7% organically

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Telenor reported second-quarter service revenues of 14.679 billion Norwegian Kroner, a 0.7 percent organic decline, while adjusted EBITDA fell 4.8 percent organically to 7.987 billion Kroner. The company moderated its 2026 outlook, now projecting flat to low-single-digit organic growth in Nordic service revenues, down from a prior low-single-digit forecast, and flat to low-single-digit organic growth in Nordic adjusted EBITDA, revised from low-to-mid-single-digit guidance. Telenor shares last closed at $14.96, down 1.51 percent.

Impact on assets 1

Cloud & Digital Infrastructure▼
Telenor ASA
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Telenor reported Q2 service revenues and EBITDA declines and lowered its 2026 outlook for Nordic service revenues and EBITDA growth.