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Telenor contracts Ericsson for Myanmar network

2014-03-31 02:00:00| Total Telecom industry news

Swedish vendor to provide RAN equipment, managed services for new network in Myanmar.

Tags: network contracts ericsson myanmar

Telenor takes aim at cablecos

2014-03-19 01:00:00| Total Telecom industry news

Norwegian incumbent claims it has the means and wherewithal to beat broadcasters at their own game.

Tags: takes aim telenor takes aim

Telenor enjoys brief respite in India after spectrum auction

2014-02-25 01:00:00| Total Telecom industry news

Norwegian operator's CEO predicts further consolidation in India; reiterates opposition to retroactive tax policy.

Tags: india auction spectrum enjoys

Telenor organic sales up 1% in Q4, EBITDA margin improves

2014-02-12 09:00:00| Telecompaper Headlines

(Telecompaper) Telenor met its outlook for around 1 percent growth in organic sales last year and said it expects to grow in the low single digits in 2014. The operator also posted 1 percent organic sales growth in Q4. Reported revenues rose to NOK 27.61 billion from NOK 25.99 billion a year ago, and adjusted EBITDA increased to NOK 8.99 billion from NOK 8.20 billion. With an EBITDA margin of 32.6 percent in Q4 and 34.5 percent over the full year, Telenor met its annual target. The company expects a stable margin in 2014, excluding the costs of launching its new operation in Myanmar. Telenor's net profit was down slightly in the quarter, to NOK 2.43 billion from NOK 2.51 billion a year ago, but profit increased strongly over the full year, leading to a 17 percent increase in the dividend to NOK 7.0 per share. The operator increased capital expenditure last year to NOK 14.66 billion excluding spectrum licences, from NOK 12.30 billion in 2012. In 2014, capex is expected to increase to around 16 percent of revenue, from 14.1 percent in 2013. Despite the higher equipment spending last year, Telenor spent less on acquiring new spectrum, leading to an increase in operating cash flow to NOK 21.23 billion from NOK 20.55 billion in 2013.

Tags: sales organic margin improves