Telenor

A disruption in Telenor's telecommunications network left emergency numbers for police, fire and ambulance services only partially reachable. Because connections to emergency services were unavailable, infrastructure operator Bane Nor stopped all rail traffic for safety reasons. Telenor customers also reported problems with regular calls and SMS; the company says there are currently no indications of a hacker attack. » More on finanzen.net

Telenor reports numbers below expectations and cuts its forecast for EBITDA and cash flow, stalling growth in the Nordic markets and reducing revenues in Telenor Asia, particularly Bangladesh. The share then falls sharply, losing around 12 percent and wiping out almost all year-to-date gains. The disappointing results add to weaker sentiment on European stock markets. » More on finanzen.net

Telenor has lowered its 2026 forecast and now expects flat to slightly negative organic growth in adjusted EBITDA. The company cited weaker revenue growth in Norway and Finland, higher operating costs, charges from contract businesses and a difficult environment in Bangladesh. The free cash flow before M&A forecast was specified at around NOK 10 billion. In the second quarter adjusted EBITDA fell 9.0% to NOK 7.99 billion, revenue fell 5.1% to NOK 18.14 billion and net profit attributable to shareholders fell 32.3% to NOK 2.52 billion. » More on de.investing.com