Telenor

Telenor is a Norwegian multinational telecommunications company headquartered in Fornebu, Norway. Established in 1855, it has grown to become one of the world's largest mobile telecommunications companies, with operations spanning Scandinavia and Asia. The company offers a comprehensive range of services, including mobile and fixed telephony, internet access, and digital television. As of December 2023, the Government of Norway holds a 53.9% stake in Telenor ASA, making it the largest shareholder. Other significant shareholders include Folketrygdfondet (4.4%), DNB Asset Management AS (2.0%), The Vanguard Group, Inc. (1.7%), BlackRock Institutional Trust Company, N.A. (1.6%), DWS Investment GmbH (1.5%), Storebrand Kapitalforvaltning AS (1.4%), Caisse de Depot et Placement du Quebec (1.2%), KLP Fondsforvaltning AS (1.0%), BlackRock Advisors (UK) Limited (0.8%), Pyrford International Limited (0.7%), State Street Global Advisors (US) (0.6%), Handelsbanken Kapitalförvaltning AB (0.6%), Nordea Funds Oy (0.5%), Danske Bank Asset Management (0.5%), Danske Invest Asset Management AS (0.5%), and Union Investment Luxembourg S.A. (0.5%). Telenor's operations are diverse, with a significant presence in the Nordic countries and various Asian markets. The company has undergone several strategic changes, including the sale of its Myanmar operations in 2022 and the divestment of its Southeast European business in 2018. Despite these changes, Telenor continues to be a major player in the global telecommunications industry, offering a wide array of services to its customers.