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Telenor Unveils AI Push, Maintains 2024 Outlook

By: Advait Gupta

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Norwegian telecoms company Telenor has confirmed its 2024 outlook, with first-quarter earnings meeting expectations. Earnings before interest, tax, depreciation, and amortization (EBITDA) reached 8.5 billion crowns, up from 8.1 billion the previous year as predicted by analysts.

Telenor is focusing on the application of artificial intelligence in its operations in the Nordic region, with CEO Sigve Brekke stating, Everything that can be improved with AI will be improved with AI.

The Telenor group, with 209 million subscribers in the Nordic countries and Asia, continues to adapt and innovate in the competitive telecom industry.

See also  German Regulators Investigate ChatGPT Compliance with GDPR Requirements

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Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

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