Christoffer Wang Bjørnsen's questions to TELENOR (TELNY) leadership • Q4 2024
Question
Christoffer Wang Bjørnsen asked for a breakdown of fiber investment within the 2025 CapEx ambition and sought the strategic rationale for acquiring fiber assets in Norway, especially with potential regulatory changes favoring network sharing.
Answer
CEO Benedicte Schilbred Fasmer deferred specific inorganic announcements but stressed that fiber is a strategically important part of the infrastructure for both households and businesses, alongside mobile. Head of IR Frank Maaø clarified that fiber investment was in the NOK 1.5 billion to NOK 2 billion range in 2024 and will be significant again in 2025. CFO Torbjorn Wist added that Telenor will look at inorganic opportunities across its entire portfolio, including fixed assets, as a natural part of its business.