Telenor Faces Weaker Momentum, But It Has Options -- Market Talk

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0713 GMT - Telenor is facing a period of weaker momentum, but it has options, Berenberg analysts write. Nordic Ebitda growth halved in the first quarter on one-offs and as competition hit in Denmark and Finland, the bank says. Momentum is set to weaken further in the second quarter and third and fourth quarter growth could also remain sluggish, it adds. At the same time Asian trends are still mixed. However, Telenor's balance-sheet strength gives it options, which could include the purchase of CK Hutchison's Tre in Sweden and Denmark, the bank adds. "We wait to see whether M&A will be launched." Berenberg lifts its price target on the stock to 158 Norwegian kroner from 138 kroner and keeps at hold. Shares rise 0.5% to 149.60 kroner. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

June 11, 2026 03:13 ET (07:13 GMT)

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Nordic Ebitda growth halved in the first quarter on one-offs and as competition hit in Denmark and Finland, the bank says. Momentum is set to weaken further in the second quarter and third and fourth quarter growth could also remain sluggish, it adds. At the same time Asian trends are still mixed. However, Telenor's balance-sheet strength gives it options, which could include the purchase of <a href=\"https://laohu8.com/S/CKHUF\">CK Hutchison</a>'s Tre in Sweden and Denmark, the bank adds. \"We wait to see whether M&amp;A will be launched.\" Berenberg lifts its price target on the stock to 158 Norwegian kroner from 138 kroner and keeps at hold. Shares rise 0.5% to 149.60 kroner. 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Nordic Ebitda growth halved in the first quarter on one-offs and as competition hit in Denmark and Finland, the bank says. Momentum is set to weaken further in the second quarter and third and fourth quarter growth could also remain sluggish, it adds. At the same time Asian trends are still mixed. However, Telenor's balance-sheet strength gives it options, which could include the purchase of <a href=\"https://laohu8.com/S/CKHUF\">CK Hutchison</a>'s Tre in Sweden and Denmark, the bank adds. \"We wait to see whether M&amp;A will be launched.\" Berenberg lifts its price target on the stock to 158 Norwegian kroner from 138 kroner and keeps at hold. Shares rise 0.5% to 149.60 kroner. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 11, 2026 03:13 ET (07:13 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1601","symbol_name":"香港本地股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2642855404","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2642855404","pubTimestamp":1781161980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0713 GMT - Telenor is facing a period of weaker momentum, but it has options, Berenberg analysts write. Nordic Ebitda growth halved in the first quarter on one-offs and as competition hit in Denmark and Finland, the bank says. Momentum is set to weaken further in the second quarter and third and fourth quarter growth could also remain sluggish, it adds. At the same time Asian trends are still mixed. However, Telenor's balance-sheet strength gives it options, which could include the purchase of CK Hutchison's Tre in Sweden and Denmark, the bank adds. \"We wait to see whether M&A will be launched.\" Berenberg lifts its price target on the stock to 158 Norwegian kroner from 138 kroner and keeps at hold. Shares rise 0.5% to 149.60 kroner. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1601":"香港本地股","LU1048588211.SGD":"Blackrock Asian Dragon A2 SGD-H","BK1500":"做空集合股","BK1521":"挪威政府全球养老基金持仓","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE0032431581.USD":"PINEBRIDGE GREATER CHINA EQUITY \"A\" (USD) ACC","LU1064130708.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC","BK4115":"综合电信业务","TELNY":"Telenor ASA","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC","BK1569":"长和系","LU0072462343.USD":"贝莱德亚洲巨龙基金","LU1064131003.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"A\" (USD) ACC","BK1230":"工业集团企业","00001":"长和"},"translate_title":"Telenor面临动力减弱，但它有选择——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00001":0.9,"TELNY":0.9},"content_text":"0713 GMT - Telenor is facing a period of weaker momentum, but it has options, Berenberg analysts write. Nordic Ebitda growth halved in the first quarter on one-offs and as competition hit in Denmark and Finland, the bank says. Momentum is set to weaken further in the second quarter and third and fourth quarter growth could also remain sluggish, it adds. At the same time Asian trends are still mixed. However, Telenor's balance-sheet strength gives it options, which could include the purchase of CK Hutchison's Tre in Sweden and Denmark, the bank adds. \"We wait to see whether M&A will be launched.\" Berenberg lifts its price target on the stock to 158 Norwegian kroner from 138 kroner and keeps at hold. Shares rise 0.5% to 149.60 kroner. (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 11, 2026 03:13 ET (07:13 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}