Telenor ASA (TELNY) Q2 2025 Earnings Call Transcript

2025-07-18 09:08:23 ET

Telenor ASA (TELNY)

Q2 2025 Earnings Conference Call

July 18, 2025, 3:00 AM ET

Company Participants

Benedicte Schilbred Fasmer - President & CEO

Frank Maaø - Corporate Participant

Torbjorn Mogard Wist - Executive VP & CFO

Conference Call Participants

Ajay Soni - JPMorgan Chase & Co, Research Division

Andrew J. Lee - Goldman Sachs Group, Inc., Research Division

Christoffer Wang Bjørnsen - DNB Carnegie, Research Division

Felix Henriksson - Nordea Markets, Research Division

Fredrik Lithell - Handelsbanken Capital Markets AB, Research Division

Keval Khiroya - Deutsche Bank AG, Research Division

Maurice Graham Patrick - Barclays Bank PLC, Research Division

Nicholas George Lyall - Joh. Berenberg, Gossler & Co. KG, Research Division

Ondrej Cabejšek - UBS Investment Bank, Research Division

Ulrich Rathe - Sanford C. Bernstein & Co., LLC., Research Division

Presentation

Frank Maaø

Good morning, and welcome to Telenor's results call for the second quarter. My name is Frank Maao, Head of Investor Relations here. And I'm joined by our Group CEO, Benedicte Schilbred Fasmer; as well as our Group CFO, Torbjorn Wist.

Before we kick off, a couple of housekeeping items as usual. On this call, all numbers are in Norwegian kroner, and growth rates are referred to on an organic like-for-like currency basis, unless otherwise stated. For simplicity, comments on this call referring to EBITDA are referring to adjusted EBITDA. [Operator Instructions]...

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