Annual Report 2022
Annual Report 2022
Telenor’s Annual Report for 2022 covers financial statements, sustainability reporting, an overview of 2022 performance and the company’s strategy. Below you will find messages from our President and CEO, Sigve Brekke, and the Chair of the Board in Telenor, Gunn Wærsted.
Letter from the CEO
Every day, Telenor works towards advancing the digital world and making it safe, green, and for all. In today’s reality, these topics are more important than ever. In 2022, we saw the war in Ukraine begin and the aftermath of a global pandemic cause macroeconomic turmoil and surging energy prices that threatened people's livelihoods threatened in all corners of our world. We also saw first-hand the effects of climate change in natural disasters all over the world, not least in our Asian markets.
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In 2022, as the world emerged from the devastating challenges of the COVID-19 pandemic, war broke out in Europe causing global political and economic insecurity with inflation, increased interest rates, volatile energy markets and escalated tensions on the global geopolitical stage. Several Asian countries, including Telenor’s markets, faced catastrophic flooding and the 2021 military coup in Myanmar continued to have devastating effects on the country’s people. Against this challenging backdrop, Telenor responded with a balanced approach grounded in the Nordic values that it has carried from its inception..
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