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TELNF - Telenor's Frontier Exposure Is Not For Fainthearted Investors
Telenor Asa Ord
High exposure to emerging markets served Telenor well, and helped it become a major international telecom player, rather than just a small Norway-focused operator.
Risks inherent in the business model are significant, but returns balance the investment story.
Conservative financial policy provides a buffer to high risks.