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Telenor Hungary MyTV now available on the Xiaomi Mi Box

2017-07-12 15:40:26| Digital TV News

Xiaomi's Mi Box is now available from Telenor. Telenor Hungary's customers can now enjoy Telenors online television service in their living room on yet another device. Using Mi Box, they can watch television via Wi-Fi rather than cable.

Tags: the box hungary telenor

Telenor Q3 loss widens on writedowns, revenues still growing

2016-10-26 08:45:00| Telecompaper Headlines

(Telecompaper) Telenor saw its net loss for the third quarter widen to NOK 4.82 billion from NOK 1.77 billion a year ago, after writedowns on operations in India and stake in Vimpelcom. The company took an impairment charge of NOK 4 billion on its Indian licences after the recent spectrum auction there, while the Vimpelcom stake suffered total writedowns of NOK 2.4 billion after Telenor sold part of its shares in the Russian operator during the quarter. Telenor still reported a small increase in underlying results. Revenues rose to NOK 32.79 billion from NOK 31.84 billion a year earlier, with organic growth of 1.8 percent. EBITDA increased to NOK 12.46 billion from NOK 11.85 billion, and the margin increased to 38.0 percent from 37.2.

Tags: still loss growing revenues

Telenor praises IPX for helping it serve its most demanding wholesale customers: its own retail operators

2016-09-22 02:00:00| Total Telecom industry news

Norwegian incumbent says IPX gives its opcos the agility and capability they need to quickly roll out new services.

Tags: own customers serve retail

Telenor starts selling Vimpelcom shares

2016-09-12 12:55:00| Telecompaper Headlines

(Telecompaper) Telenor said that it has commenced a public offering in the US of 142.5 million of its Vimpelcom American Depository Shares (ADS), at a price yet undetermined. Telenor currently owns approximately 580 million ADS, or 33 percent of Vimpelcom's total outstanding common shares. This transaction represents 24.5 percent of Telenor's holding, or 8.1 percent of VimpelCom's outstanding shares. At Vimpelcom;s last closing share price of USD 4.19 per share, the sale will raise Telenor nearly USD 600 million before transaction fees.

Tags: selling starts shares telenor