Telenor ASA (OSL:TEL)
kr 126.3 0.8 (0.64%) Market Cap: 171.65 Bil Enterprise Value: 257.92 Bil PE Ratio: 18.03 PB Ratio: 2.33 GF Score: 76/100

Q2 2020 Telenor ASA Earnings Call Transcript

Jul 16, 2020 / 07:00AM GMT
Release Date Price: kr148.15 (-2.47%)
Sigve Brekke
Telenor ASA - President & CEO

A very good morning to all of you. Unfortunately, once again, there is an empty room here. So -- but I really hope that in the next quarter that I can see some of you back in the audience.

The second quarter has brought unprecedented challenges to the group. Our focus has been on health and safety for our employees and our customers, but also our contribution to the societies where we work and never has our purpose, empowering societies, been more relevant. But despite these challenges, we have shown a stable operation with robust networks.

And very early in the quarter, we took our employees from offices to their homes. And about 90% of our employees, and many of them still are working remotely. And I'm quite pleased to see how we were basically able to take the whole Telenor operation, 9 countries, 19,000 employees from the offices into the home -- homes. Even call center and the network operating center we are now operating remotely.

With that, we have taken a digital leap that I'm going to talk more about. And we are now

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