TELNF - Telenor: Weathering The Pandemic Quite Well
On Thursday, July 16, 2020, Norwegian telecommunications giant Telenor ASA (TELNF) announced its second quarter 2020 earnings results. At first glance, these results were quite impressive with the company showing a sharp uptick in revenues and net income compared to the year-ago quarter. This would appear to be in direct defiance of the coronavirus pandemic and resulting economic shutdown that has devastated so many other companies. This is not necessarily unexpected for a telecommunications company though as these are the firms that are helping people to stay in touch while engaging in social