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Telenor Denmark revenues fall 2%, EBITDA up 7%

Wednesday 26 October 2016 | 15:06 CET | News
Telenor Denmark reported revenues down 2 percent in local currencyin the third quarter to the equivalent of NOK 1.265 billion, hurt by a 9 percent fall in mobile subscription and traffic revenues due to price pressure in the market, reduced roaming charges and the implementation of a new business support system. EBITDA in local currency still increased by 7 percent, to the equivalent of NOK 136 million, thanks to lower sales and marketing spend and costs related to the joint venture project in 2015. Telenor ended the quarter with a total 1.777 million mobile customers, after losing a net

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Categories: Mobile & Wireless
Companies: Telenor / Telenor Denmark
Countries: Denmark
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