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Tag: telenor

Telenor: Strengthens operations in Nordic and Asian regions

Telenor: Strengthens operations in Nordic and Asian regions Telenor: Strengthens operations in Nordic and Asian regions

Telenor ASA emphasized that it is strengthening the management of its units in the Nordic and Asian regions, merging its units into two groups and creating new units for infrastructure and adjacent services. The Norwegian telecommunications company has emphasized that all four of its business units in Norway, Sweden, Denmark and Finland will be united […]

Telenor: Higher than estimates the profits in the second quarter

Telenor: Higher than estimates the profits in the second quarter Telenor: Strengthens operations in Nordic and Asian regions

Norwegian telecoms company Telenor reported second-quarter profit that came in higher than estimates, and restated its guidance, although it will try to rein in rising costs in the second half of the year. Adjusted EBITDA in the April-June period rose 1.2% year-on-year to 12.6 billion kroner ($1.24 billion), while analysts expected 12 billion kroner. The […]

Telenor: First quarter earnings lower than expected

Telenor: First quarter earnings lower than expected Telenor: Strengthens operations in Nordic and Asian regions

Norwegian Telenor reported lower-than-expected quarterly earnings, and said growth was expected to come at a slower pace than revenue growth, by a few quarters, as costs rose. Adjusted quarterly EBITDA fell 4.5% year-on-year to 11.66 billion kronor ($ 1.24 billion), with analysts expecting 12 billion kronor. “Growth has been hampered by Norwegian fixed-line operations and […]

Telenor: Mergers its operations in Thailand with CP Group for 8.6 billion

Telenor: Mergers its operations in Thailand with CP Group for 8.6 billion Telenor: Mergers its operations in Thailand with CP Group for 8.6 billion

Norwegian Telenor and the Thai group Charoen Pokphand Group (CP Group) have agreed to merge their telecommunications units in Thailand into a $ 8.6 billion deal to set up a company with more than half of the country’s mobile subscribers. of SE Asia. The deal, announced by Telenor on Friday and subject to regulatory approvals, […]