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Telenor: Superb Income Is Very Likely To Continue


Published on 2024-12-10 05:01:08 - Seeking Alpha
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  • Telenor is a stable telco investment with a solid dividend yield, currently at almost 8%, and a potential upside in share price to 150-170 NOK. Explore more details here.

The article from Seeking Alpha discusses Telenor ASA, a Norwegian telecommunications company, highlighting its financial stability and potential as an income stock. Telenor has shown consistent revenue growth, with a notable increase in EBITDA and free cash flow, which supports its ability to maintain and potentially increase its dividend payouts. The company's strategic focus includes expanding its mobile and broadband services, particularly in the Nordic region and Asia, while also divesting non-core assets to streamline operations. Despite some market challenges, Telenor's strong market position, especially in Norway, and its efforts in digital transformation are expected to continue supporting its financial health. The article suggests that Telenor's current valuation, combined with its robust cash flow generation, makes it an attractive option for investors seeking reliable income, with the author expressing confidence in the sustainability of Telenor's dividends due to its solid business model and market conditions.

Read the Full Seeking Alpha Article at:
[ https://seekingalpha.com/article/4743208-telenor-superb-income-is-very-likely-to-continue ]
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