Telenor ASA ADR

Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant telecom operator in Norway and the Norwegian government holds an almost 54% stake in the firm. Telenor also operates in other Nordic countries and is an established player in faster-growing emerging markets. Telenor owns both fixed-line and mobile networks, though fixed-line services (telephony, internet, TV, data services) provide around 10% of service revenue. The firm’s fixed-line operations are in Sweden, Norway, Finland and Denmark. In the rest of its markets, Telenor offers only mobile services.