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Broadband

Broadnet sets high targets after turning fortunes around

Friday 24 April 2015 | 11:58 CET | News
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Broadnet has turned its fortunes around since Martin Lippert became its CEO in the dark days of 2013, he told Finansavisen. The Broadnet-Ventelo conglomerate had lost NOK 1.3 billion of a revenue of NOK 13 billion in five years, with major restructuring costs, staff cuts, a tough market and loss of customers. It suffered negative EBIT of NOK 842 that year.

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Categories: Fixed
Companies: Broadnet / Ventelo
Countries: Norway
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