Back to today’s briefing

Story perspectives

Telenor Sells 24.95% Stake in True Corporation for $39 Billion

1/22/2026

45 7 Full Breakdown

Summary

Story summary

Telenor Group (the Norwegian telecom company) agreed to sell a 24.95% stake in True Corporation for 39 billion Norwegian kroner to Arise Digital Technology Company.
The stake sale follows the December sale of Telenor Pakistan.
Telenor will price the shares at 11.7 Thai baht per share (37 cents).
The move is part of Telenor's strategy to reduce its Asia portfolio.

1 of 1

Story summary

Telenor Group (the Norwegian telecom company) agreed to sell a 24.95% stake in True Corporation for 39 billion Norwegian kroner to Arise Digital Technology Company.
The stake sale follows the December sale of Telenor Pakistan.
Telenor will price the shares at 11.7 Thai baht per share (37 cents).
The move is part of Telenor's strategy to reduce its Asia portfolio.