| CEO Name | Sigve Brekke |
| Nationality | Norway |
| Net Worth Estimation | $8 million |
Sigve Brekke's estimated net worth of around $8 million is primarily due to his long-standing executive career at Telenor ASA, where he has received substantial compensation, bonuses, and stock ownership. His leadership roles and strategic decision-making have positioned him as a key figure in the telecommunications industry, directly influencing his overall wealth accumulation.
Sigve Brekke, CEO of Telenor ASA, has an estimated net worth of $8,000,000, which is 8.1% of the $90,000,000 maximum CEO net worth and 8 times the $1,000,000 minimum in the telecommunications sector. His net worth positions him in the lower-middle range among telecom CEOs.
Business Category: Telecommunications
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 90000000 USD
Sigve Brekke Performance in Telenor ASA
Sigve Brekke, CEO of Telenor ASA, demonstrates strategic leadership and data-driven decision-making that drives the company's digital transformation and market expansion across Asia and Europe. Under his leadership, Telenor has improved operational performance, enhanced customer experience, and increased revenue through innovation and sustainability initiatives. Brekke's impact is evident in Telenor's strengthened market position and accelerated growth in emerging telecommunications markets.
Latest News
Telenor ASA Q3 2025 Results and CEO Overview
Telenor ASA reported Q3 2025 sales of NOK 20,304 million with steady Nordic growth but faced foreign exchange and spectrum cost challenges in Asia, which impacted EBITDA performance. CEO Benedicte Schilbred Fasmer highlighted increased 5G costs in Malaysia and cautioned on Asian cash flow pressures, while Telenor focuses on Nordic stability and strategic partnerships such as Vodafone. Additionally, Fridtjof Rusten was appointed CEO of Telenor Pakistan as of September 1, 2025, bringing extensive leadership experience within Telenor Group.
Source: http://simplywall.st/stocks/no/telecom/ob-tel/telenor-shares/news/do-telenors-obtel-asian-challenges-signal-a-shift-in-its-gro