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Norway's Telenor slightly lags earnings forecast, takes $50 million hit in Malaysia
Reuters· 2025-10-29 06:16
Core Insights - Norwegian telecom operator Telenor reported quarterly earnings that were slightly below market expectations, indicating potential challenges in meeting financial targets [1] - The company flagged a negative adjustment of 500 million Norwegian crowns (approximately $49.8 million), which may impact overall financial performance [1] Financial Performance - Telenor's quarterly earnings fell short of market expectations, suggesting a need for strategic reassessment [1] - The negative adjustment of 500 million Norwegian crowns highlights financial pressures that could affect future profitability [1]