TELNF - Telenor ASA: Emerging Markets Continue To Show Importance To Company
On Wednesday, January 30, 2019, Norwegian telecommunications giant Telenor ASA (OTCPK:TELNF) announced its fourth quarter 2018 earnings results. At first glance, these results were not especially impressive as the company posted a year-over-year revenue decline along with disappointing declines in both net income and free cash flow. A closer look at the actual causes of these declines reveals that they are not really anything to panic about. However, considering that Telenor is one of the few Nordic telecommunications firms that continues to have exposure to emerging markets in Asia, it was somewhat disappointing