Øystein Lodgaard's questions to TELENOR (TELNY) leadership • Q1 2025
Question
Oystein Lodgaard questioned if changes to the outlook's wording on OpEx signaled potential for accelerated reductions. He also asked if the 'more-for-more' ARPU strategy was facing increased difficulty, given slowdowns at peers.
Answer
CFO Torbjorn Wist clarified that OpEx improvements would still vary, with more effects expected toward year-end. CEO Benedicte Fasmer defended the 'more-for-more' strategy, emphasizing the value of bundled services like security and noting the presence of fighter brands to serve price-sensitive customers, ensuring a comprehensive market approach.