Telenor Q3 2026: Profit Surges 225%, Revenue Falls 2.9%

Telenor reported a 225 percent increase in net profit to NOK 9.85 billion in the third quarter of 2026, even as total revenue declined 2.9 percent to NOK 18.59 billion. The Norwegian telecom operator benefited from a major IoT business divestment, while subscriber growth, ARPU improvements and cost reductions supported its underlying operations. Telenor Q3 2026 leadership team Telenor’s Q3 2026 results highlighted contrasting trends across its Nordic markets.