TELNF - Telenor: One Of The Better Telco Yields Out There

2024-04-07 06:34:34 ET

Summary

• Telenor offers a yield of over 8% and is considered unusual for a high-quality stock.
• The company focuses on mobile, fiber, spectrum, and towers, avoiding content creation.
• Telenor has stable operations in Scandinavia and growth potential in emerging Asian markets. I view this company as one of the better telco businesses to invest in.

Dear readers/followers,

You may recall that I've been a very vocal investor in telecommunications. The reason for these investments is a very good overall yield and very solid fundamentals. These two factors will usually, over time, result in a premium during times of low-interest rates and give you a potential for market-beating rates of return, if you have the presence of mind to actually harvest those profits at the right time.

Telenor (TELNF)(TELNY) has been a core holding for me at this time for many years - and my cost basis has gone down thanks to purchases to around 102 NOK/share. This means that as things currently stand, I have a yield of over 8% on this stock....

For further details see: