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Tag: telenor
Don't become the next Nokia, warns outgoing Telenor CEO
2015-08-13 02:00:00| Total Telecom industry news
Jon Fredrik Baksaas to hand the reins to Sigve Brekke on 17 August.
Tags: nokia
ceo
outgoing
warns
Telenor Q2 net profit increases 57%
2015-07-22 09:00:00| Telecompaper Headlines
(Telecompaper) Telenor reported second-quarter revenues in line with its full-year outlook, with organic sales up 6 percent and a small drop in the EBITDA margin. Total revenues rose to NOK 30.18 billion from NOK 25.66 billion a year earlier, led by the company's expansion in Myanmar and India and solid results in its home market Norway. Adjusted EBITDA increased to NOK 10.57 billion from NOK 9.50 billion, while the EBITDA margin was still down 2 percent points year-on-year to 35 percent. Telenor increased capital expenditure to NOK 6.59 billion from NOK 3.87 billion a year ago, reaching almost 22 percent of revenues on spending on a new broadcast satellite and network expansion in Asia. As a result operating cash flow fell to NOK 3.98 billion from NOK 5.63 billion. Net profit was still 57 percent higher year-on-year at NOK 3.64 billion. For the full year 2015, the operator maintained its outlook for mid-single digit organic revenue growth, an EBITDA margin of 34-36 percent, and capex at around 17-19 percent of revenues.
Tags: net
profit
increases
telenor
Telenor buoyed by Myanmar in Q2
2015-07-22 02:00:00| Total Telecom industry news
Norwegian incumbent posts revenue and EBITDA growth in second quarter, highlights contribution from new group operation.
Tags: myanmar
q2
telenor
buoyed
Fabege: Telenor Sweden Relocates to Newly Built Office in R sunda
2015-07-01 14:02:32| Appliances - Topix.net
Fabege and Telenor Sweden have signed a ten-year lease for 9,800 sqm of office, bicycle storage and garage space at a combined annual rental value of approximately SEK 31m. The lease marks the start of Fabege's planned utilisation of office development rights in RA sunda.
Tags: office
built
sweden
newly
Telenor, Telia Denmark announce joint venture executives
2015-07-01 12:03:00| Telecompaper Headlines
(Telecompaper) Telenor Denmark and TeliaSonera Denmark said that Hilde Tonne from Telenor Group's executive management has been appointed as CEO for their forthcoming joint venture. Telia Denmark CEO Soren Abildgaard and CFO Dennis Kilian have been appointed as deputy CEO and CFO respectively.
Tags: joint
denmark
venture
announce
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