TELNF - Telenor ASA (TELNY) Q1 2025 Earnings Call Transcript
2025-05-06 15:02:07 ET
Telenor ASA (TELNY)
Q1 2025 Results Conference Call
May 6, 2025 3:00 AM ET
Company Participants
Frank Maaø - Head of IR and SVP of Capital Markets
Benedicte Fasmer - President & CEO
Torbjorn Wist - Executive VP & CFO
Conference Call Participants
Andrew Lee - Goldman Sachs
Keval Khiroya - Deutsche Bank
Joshua Mills - Exane BNP Paribas
Siyi He - Citi
Fredrik Lithell - Handelsbanken
Ajay Soni - JPMorgan
Adam Fox-Rumley - HSBC
Christoffer Bjornsen - DNB
Oystein Lodgaard - ABG Sundal Collier
Ulrich Rathe - Bernstein
Felix Henriksson - Nordea Securities
Presentation
Frank Maaø
Good morning, and welcome to Telenor's first quarter earnings call. My name is Frank Maaø, Head of Investor Relations, and I'm joined here by our group CEO, Benedicte Schilbred Fasmer; and our group CFO, Torbjorn Wist.
Before we kick off, a couple of things to mention on. This call, all numbers are in Norwegian kroner, and growth rates are referred to on an organic like-for-like basis, unless otherwise stated. And for simplicity, comments relating to the EBITDA on this call are referring to adjusted EBITDA. [Operator Instructions]
So without further housekeeping, we'll jump straight into the CEO section of today's agenda. Benedicte, the floor is yours.
Benedicte Fasmer
Thank you so much, Frank, and good morning to everyone participating on this call. We really appreciate you taking the time to join us today.
In a time with geopolitical turbulence and with trade and tariff policies evolving almost daily, our stakeholders have substantial need for basic elements of stability and security. And as a provider of critical infrastructure, that's actually Telenor's key priority. With that as a backdrop, I'm pleased to say that Telenor Group continued its steadfast execution in Q1. While far from immune, the telecom industry is more resilient than most to tariff shocks and other forms of increasing protectionism....
Telenor ASA (TELNY) Q1 2025 Earnings Call Transcript