Tuesday, July 24, 2012

Telenor outlines ‘sound operational performance’ in 2Q12

Norwegian telecoms group Telenor has released its financial results for the three months ended 30 June 2012, revealing what it claimed was ‘sound operational performance’, with the company reporting a 5% year-on-year increase in turnover on an organic basis. For the quarter under review Telenor posted total revenues of NOK25.357 billion (USD4.16 billion), while earnings before interest, tax, depreciation and amortisation (EBITDA) before other income and expenses rose to NOK8.041 billion, up from NOK7.457 billion in the same period a year earlier


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OVETEL Telenor outlines ‘sound operational performance’ in 2Q12

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