PetterBorre Furberg - Telenor ASA Interim CEO of Grameenphone

TELNF Stock  USD 10.81  0.49  4.34%   

CEO

Mr. PetterBorre Furberg was appointed Executive Vice President Emerging Asia Cluster at Telenor ASA, effective as of March 1, 2017. He has also been Acting Executive Vice President Head of Digital Businesses since January 1, 2018. He was previously Executive Vice President and Acting Chief Executive Officer of Grameenphone, Bangladesh within Telenor ASA from November 1, 2016 till March 1, 2017. He no longer serves as Executive Vice President and Chief Executive Officer of Telenor Myanmar at TELENOR ASA effective as of July 31, 2016. He has held this position since October 12, 2015. Since joining Telenor 14 years ago, Mr. Furberg has held a number of senior management positions within the company, including dtacs CFO and Chief Marketing Officer, where he oversaw product development, sales and marketing. He also previously served as Senior Vice President, Head of Financial Services at Telenor Group. Prior to joining Telenor he held senior positions with the Norwegian Parliament and Norwegian Ministry of Finance. Furberg holds a degree in economics and business administration based on a four year program from the Norwegian School of Economics and is a Certified European Financial Analyst . since 2018.
Age 56
Tenure 6 years
Phone47 81 07 70 00
Webhttps://www.telenor.com

Telenor ASA Management Efficiency

The company has return on total asset (ROA) of 0.0493 % which means that it generated a profit of $0.0493 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2847 %, meaning that it generated $0.2847 on every $100 dollars invested by stockholders. Telenor ASA's management efficiency ratios could be used to measure how well Telenor ASA manages its routine affairs as well as how well it operates its assets and liabilities.
Telenor ASA has accumulated 87.11 B in total debt with debt to equity ratio (D/E) of 4.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Telenor ASA has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Telenor ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Telenor ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Telenor ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Telenor to invest in growth at high rates of return. When we think about Telenor ASA's use of debt, we should always consider it together with cash and equity.

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Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. Telenor ASA was founded in 1855 and is headquartered in Fornebu, Norway. TELENOR ASA is traded on OTC Exchange in the United States. Telenor ASA [TELNF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Telenor ASA Leadership Team

Elected by the shareholders, the Telenor ASA's board of directors comprises two types of representatives: Telenor ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Telenor. The board's role is to monitor Telenor ASA's management team and ensure that shareholders' interests are well served. Telenor ASA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Telenor ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sigve Brekke, CEO and Pres
Tone Bachke, Ex CFO
PetterBorre Furberg, Interim CEO of Grameenphone
Ruza Sabanovic, Executive Vice President CTO
Jorgen Rostrup, Ex Bus
Jan Engebretsen, Chief Research
Siri Berge, General Counsel
Rita Skjaervik, Sustainability People
Marianne Moe, Investor Relations Contact Officer
Atle Lessum, Acting Communications

Telenor Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Telenor ASA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Telenor Pink Sheet

Telenor ASA financial ratios help investors to determine whether Telenor Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Telenor with respect to the benefits of owning Telenor ASA security.