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    Christoffer Wang BjørnsenDNB Markets ASA

    Christoffer Wang Bjørnsen's questions to Telenor ASA (TELNY) leadership

    Christoffer Wang Bjørnsen's questions to Telenor ASA (TELNY) leadership • Q4 2024

    Question

    Christoffer Wang Bjørnsen asked for the amount of fiber CapEx in 2024 and the outlook for 2025, and also questioned the rationale for acquiring fiber assets in Norway given the evolving regulatory landscape.

    Answer

    Head of IR Frank Maaø confirmed fiber CapEx was in the NOK 1.5-2.0 billion range in 2024 and would remain significant in 2025. CEO Benedicte Fasmer emphasized that fiber is a strategically critical asset alongside mobile, while CFO Torbjorn Wist noted that the company will evaluate inorganic opportunities across its entire portfolio.

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