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4-Traders Homepage  >  Equities  >  Oslo Bors  >  Telenor    TEL   NO0010063308

TELENOR (TEL)
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Russia's Antimonopoly Service Prepares Lawsuit Against Telenor -Report

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04/16/2012 | 05:45pm CEST

Russia's Federal Antimonopoly Service, or FAS, is preparing a lawsuit against Norwegian telecommunications operator Telenor ASA (TEL.OS), which has increased its stake in VimpelCom Ltd. (VIP) to 39.51% from 25.01% since the beginning of the year, Interfax reported Monday citing FAS.

The regulator says that Telenor has breached a law regulating foreign investments in companies the state deems strategically important.

Should the lawsuit be accepted by the court, and should the ruling go against Telenor, the deal with the Norwegian company could be annulled, according to the report.

Agency website: www.interfax.ru

-By Moscow Bureau, Dow Jones Newswires; +7 495 974 8026

Stocks mentioned in the article
ChangeLast1st jan.
TELENOR 0.84% 174.95 Delayed Quote.-1.88%
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Financials ( NOK)
Sales 2018 120 B
EBIT 2018 27 501 M
Net income 2018 16 800 M
Debt 2018 52 996 M
Yield 2018 4,93%
P/E ratio 2018 15,64
P/E ratio 2019 15,92
EV / Sales 2018 2,60x
EV / Sales 2019 2,54x
Capitalization 259 B
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Telenor Technical Analysis Chart | TEL | NO0010063308 | 4-Traders
Technical analysis trends TELENOR
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Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 22
Average target price 178  NOK
Spread / Average Target 2,7%
EPS Revisions
Managers
NameTitle
Sigve Brekke President & Chief Executive Officer
Gunn Wærsted Chairman
Jørgen Christian Rostrup Chief Financial Officer & Executive Vice President
Ruza Sabanovic Chief Technology Officer & Executive VP
Harald Stavn Director
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