Telenor ASA

OTCPK:TELN.F Stock Report

Market Cap: US$23.4b

Telenor Management

Management criteria checks 0/4

Telenor's CEO is Benedicte Fasmer, appointed in Dec 2024, has a tenure of 1.25 years. total yearly compensation is NOK940.87M, comprised of 1.4% salary and 98.6% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth $476.47K. The average tenure of the management team and the board of directors is 1.8 years and 2.8 years respectively.

Key information

Benedicte Fasmer

Chief executive officer

NOK 940.9m

Total compensation

CEO salary percentage1.41%
CEO tenure1.3yrs
CEO ownership0.002%
Management average tenure1.8yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Benedicte Fasmer's remuneration changed compared to Telenor's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025NOK 941mNOK 13m

NOK 11b

Sep 30 2025n/an/a

NOK 10b

Jun 30 2025n/an/a

NOK 10b

Mar 31 2025n/an/a

NOK 9b

Dec 31 2024NOK 4mNOK 1m

NOK 18b

Compensation vs Market: Benedicte's total compensation ($USD96.62M) is above average for companies of similar size in the US market ($USD14.36M).

Compensation vs Earnings: Benedicte's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Benedicte Fasmer (60 yo)

1.3yrs
Tenure
NOK 940,873,000
Compensation

Ms. Benedicte Schilbred Fasmer is President & CEO of Telenor ASA from December 1, 2024. Ms. Fasmer was Chief Executive Officer of SpareBank 1 SR-Bank ASA from January 01, 2021 to September 2024. Ms. Fasmer...


Leadership Team

NamePositionTenureCompensationOwnership
Benedicte Fasmer
President & CEO1.3yrsNOK 940.87m0.0020%
$ 476.5k
Torbjorn Wist
Executive VP & CFO1.2yrsNOK 16.36m0.0021%
$ 497.5k
Cathal Kennedy
CTO & Acting Executive VP1.3yrsNOK 5.48m0.00041%
$ 95.8k
Rita Skjaervik
Executive VP and Chief Peopleno dataNOK 6.20mno data
Dan Ouchterlony
EVP & Head of Telenor Amp3.5yrsNOK 11.30m0.0023%
$ 544.2k
Jannicke Hilland
Executive VP & Head of Telenor Infrastructure3.4yrsNOK 8.39mno data
Jon Revhaug
Executive VP & Head of Telenor Asia1.8yrsNOK 10.78m0.0019%
$ 432.1k
Sigvart Eriksen
Executive VP & Head of Telenor Nordicsless than a yearNOK 6.78m0.00080%
$ 186.9k
Frank Maao
SVP of Capital Markets & Investor Relationsno datano datano data
Siri Birgitte Berge
General Counselno datano datano data
Thomas Midteide
Chief Communications Officer2.5yrsno datano data
Jesper Hansen
Unit Chief Operating Officer5.6yrsNOK 3.13mno data
1.8yrs
Average Tenure
55yo
Average Age

Experienced Management: TELN.F's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Gyrid Ingero
Independent Deputy Chair of the Board2.8yrsNOK 760.00kno data
Pieter Knook
Independent Director5.8yrsNOK 903.00k0.00011%
$ 25.7k
Harald Stavn
Deputy Board Member6.8yrsNOK 20.00kno data
Ottar Ertzeid
Independent Director2.8yrsNOK 692.00k0.0022%
$ 511.5k
Mats Granryd
Directorless than a yearNOK 460.00k0.00018%
$ 42.0k
Nils Bastiansen
Chair of the Corporate Assembly2.8yrsno datano data
Roger Ronning
Employee Representative Directorless than a yearNOK 327.00k0.00043%
$ 100.4k
Irene Vold
Employee Representative Director4.8yrsNOK 572.00k0.00040%
$ 93.4k
Jens Olsen
Independent Chairman2.8yrsNOK 1.38m0.0037%
$ 852.5k
Grethe Bergly
Independent Director1.8yrsNOK 518.00k0.000060%
$ 14.0k
Marianne Dahl
Directorless than a yearNOK 460.00k0.00025%
$ 58.4k
Sune Jakobsson
Employee Representative Director2.8yrsNOK 531.00k0.00052%
$ 121.5k
2.8yrs
Average Tenure
63yo
Average Age

Experienced Board: TELN.F's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/30 11:03
End of Day Share Price 2026/03/25 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Telenor ASA is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
William Noel MilnerArete Research Services LLP
John DaviesBanco Santander