Telenor's IFRS net profit for 3 months of 2022 amounted to NOK7.25 billion, compared with a loss of NOK3.133 billion in the previous year. Revenue decreased by 1.8% to NOK27.009 billion against NOK27.518 billion a year earlier.

Telenor's IFRS net profit for 2021 was NOK4.592 billion, down 4.6 times from NOK21.059 billion in the previous year. Revenue decreased by 4.8% to NOK110.241 billion compared to NOK115.839 billion a year earlier.

Telenor's loss according to IFRS for 6 months of 2021 amounted to NOK0.141 billion, against profit of NOK7.097 billion in the previous year. Revenue decreased by 5.9% to NOK54.675 billion against NOK58.109 billion a year earlier.

Telenor Group sells its mobile operator in Myanmar to M1 Group for $105 million. The deal is being done in an expedited procedure due to the deteriorating political situation in the country. It is subject to approval by Myanmar's regulatory authorities.