Telenor ASA (OTCPK:TELNY)
$ 11.6229 0.0329 (0.28%) Market Cap: 16.10 Bil Enterprise Value: 24.31 Bil PE Ratio: 24.06 PB Ratio: 2.22 GF Score: 72/100

Telenor ASA and Axiata Group Bhd Advanced Discussions to Merge Malaysian Operations Call Transcript

Apr 08, 2021 / 07:00AM GMT
Release Date Price: $18.28 (+2.29%)
Operator

Good day, and welcome to the Telenor Group Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Ms. Bachke. Please go ahead.

Tone Hegland Bachke
Telenor ASA - Executive VP & CFO

Good morning, everyone. This is Tone Bachke, I'm the group CFO of Telenor. Today, I have with me a representative from Investor Relations, Ãystein Myrvold, I have (inaudible) and we also have some other colleagues from the communications team.

Today, we are pleased to announce that after having had some dialogue with Axiata, we have now reached a stage where we have decided to enter into due diligence and detailed discussions regarding a potential combination of our 2 telecom companies in Malaysia, Digi and Celcom. Even though we are now at the point where we would like to inform the market, it is important to state that there is no certainty that these discussions will result in a final agreement. And the 2 companies will, of course, operate separately until the deal is completed.

In this call, I will

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot