Telenor Books $754M Impairment On Thai Telecom Stake

By Najiyya Budaly (February 5, 2024, 4:23 PM GMT) -- Norway's Telenor ASA said on Monday that it will book an impairment of 8.04 billion Norwegian kroner ($754 million) for the end of 2023, reflecting a sharp drop in the value of its stake in Thailand's True Corp. Ltd. since a $20 billion merger in March....

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