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Bharti Airtel completes merger with Telenor India

2018-05-14 02:00:00| Total Telecom industry news

India's Telecoms Department has approved the merger of Telenor India and India's biggest carrier Bharti Airtel.  In a statement to the press, India's Telecoms Department confirmed that ownership of Telenor India's assets had been transferred to Bharti Airtel…read more on TotalTele.com »

Tags: india merger completes telenor

 

Telenor underlying revenues up 1% in Q1, margins improve after cost cutting

2018-04-24 09:25:00| Telecompaper Headlines

(Telecompaper) Telenor reported underlying service revenues up 1 percent in the first quarter, in line with its full-year outlook for 1-2 percent growth in traffic and subscription revenue. growth was led by Grameenphone in Bangladesh, as well as Malaysia's Digi and the Scandinavian operations. Total reported revenues fell by 2 percent to NOK 27.1 billion due to negative currency effects. The adjusted EBITDA margin was up 4 percent points from a year ago to 41.7 percent, thanks to cost efficiency efforts. 

Tags: cost improve cutting underlying

 
 

Telenor sells off Eastern European assets to refocus on Asia

2018-03-29 02:00:00| Total Telecom industry news

Norwegian operator Telenor has agreed to sell off its assets in Central and Eastern Europe, as it looks to realign its focus to more lucrative markets in Asia. The assets will be purchased by the PPF Group.  “Telenor Group&rsquo…read more on TotalTele.com »

Tags: asia european eastern assets

 

Telenor to sell east Europe mobile operators to Czech PPF Group for EUR 2.8 bln

2018-03-21 08:46:00| Telecompaper Headlines

(Telecompaper) Telenor has agreed to sell its mobile operators in Hungary, Bulgaria, Montenegro and Serbia to Czech investment group PPF for EUR 2.8 billion. PPF already owns the Czech operator O2 and is buying Bulgarian TV group Nova from MTG. 

Tags: group mobile sell eur

 

Telenor sells Central Europe assets to O2 Czech parent for 2.8bn

2018-03-21 01:00:00| Total Telecom industry news

Telenor on Wednesday agreed the 27 billion kroner (€2.8 billion) sale of its Central European operations to Czech billionaire Petr Kellner's PPF Group. The deal will see the Norwegian incumbent exit Bulgaria, Hungary, Serbia and Montenegro, leaving it with operating units concentrated in Scandinavia and Asia…read more on TotalTele.com »

Tags: central europe parent czech

 

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