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TeliaSonera, Telenor merger brings consolidation to Denmark

2014-12-03 01:00:00| Total Telecom industry news

Telcos to form 50:50 joint venture with 40% share of Danish mobile market; analyst suggests 3 will gain spectrum.

Tags: brings denmark consolidation merger

 

Telenor shuffles CEOs in India, Bangladesh

2014-11-20 01:00:00| Total Telecom industry news

Vivek Sood leaves Grameenphone to take top job at Uninor, while latter's CMO moves to Bangladesh.

Tags: india bangladesh ceos telenor

 
 

Telenor involved in Uzbek corruption case: report

2014-11-16 09:16:12| Telecom - Topix.net

Norwegian telecom giant Telenor was allegedly involved in a corruption scandal in Uzbekistan with ties to President Islam Karimov's daughter, Norwegian media reported Saturday. According to documents published by Norway's Klassekampen daily, Vimpelcom, an Uzbek firm partially owned by Telenor, paid $25 million in bribes to obtain telecom licenses in the Central Asian nation.

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Telenor finally rolls out contactless m-payment service

2014-11-04 01:00:00| Total Telecom industry news

Norwegian incumbent releases Valyou app in partnership with local banks.

Tags: service finally rolls telenor

 

Telenor grows Q3 organic revenues 3.5%, in line with outlook

2014-10-29 09:06:00| Telecompaper Headlines

(Telecompaper) Telenor reported third-quarter revenue growth in line with its annual outlook. Revenues increased 3.5 percent on an organic basis, versus an annual target of low single-digit growth. Total revenues reached NOK 27.69 billion, up from NOK 25.95 billion a year ago, and adjusted EBITDA improved over the same period to NOK 10.26 billion from NOK 9.62 billion. Telenor said it still expects a small increase in the adjusted EBITDA margin over the full year, after a 0.8 percent increase to 36.0 percent in the first nine months of 2014. The operator's net profit fell to NOK 2.59 billion in Q3 from NOK 3.92 billion, hurt by weaker results from its stake in Vimpelcom and operating losses in India and Myanmar. The recently launched Myanmar service already reached 1 million subscribers by 25 October. Cash capex in the quarter rose slightly to NOK 3.91 billion, in line with the annual outlook for spending of 14-15 percent of revenue. Operating cash flow rose to NOK 6.35 billion from NOK 5.89 billion a year ago, and net debt was also higher, at NOK 40.38 billion at the end of September. 

Tags: with line organic outlook

 

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