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Broadband

Lyse raises H1 telecoms EBITDA and says demand remains firm

Thursday 21 August 2014 | 22:54 CET | News
Norwegian electricity and broadband provider Lyse said EBITDA in its telecommunication operations, including its stake in Viken Fiber, rose to NOK 368 million in the first half of 2014 from NOK 323 million a year earlier. Excluding Viken, EBITDA rose to NOK 273 million from NOK 246 million. It said the underlying operating profit was NOK 161 million, up from NOK 121 million last time. Lyse said despite sharper competition, there is great demand for its products, and sales so far this year have been good. There is a keen focus on effective operations.

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Categories: Fixed
Companies: Altibox / Lyse
Countries: Norway
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