Telenor CEO: No Change to Dividend as Growth Targets Cut

The transcript covers a discussion on quarterly performance, highlighting the impact of COVID-19 on revenues and the company's cost reduction strategies. It also addresses decisions regarding 5G network providers, emphasizing a balanced approach to avoid dependency. The potential impact of geopolitical tensions on growth, particularly in Asia, is considered, but no significant effects are anticipated. Finally, the company's dividend policy is discussed, with a commitment to maintaining payouts despite pandemic-related challenges, supported by a solid balance sheet.

What were the main factors affecting the company's revenue in the recent quarter?

• Higher operational costs and market expansion

• Less roaming and market lockdowns

• Increased competition and market saturation

• Increased roaming and market expansion

Which company was chosen as the primary 5G provider in Norway?

• Nokia

• Samsung

• Huawei

• Ericsson

Why is it important for the company to maintain a diverse portfolio of suppliers?

• To reduce costs significantly

• To avoid dependency on a single supplier

• To increase market share rapidly

• To comply with government regulations

How do geopolitical tensions between China and the US affect the company's growth in Asia?

• They cause a temporary halt in operations

• They accelerate growth

• They have no impact on growth

• They significantly slow down growth

What is the company's stance on its dividend policy amidst the pandemic?

• The dividend policy has been reduced

• The dividend policy remains unchanged

• The dividend policy has been suspended

• The dividend policy has been increased