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General

Telenor Norway revenues lower after roaming price cuts

Wednesday 26 October 2016 | 11:50 CET | News
Telenor reported a drop in sales and EBITDA in its home market Norway in the third quarter, hurt by pressure from roaming price cuts and the decline in legacy fixed services. Total mobile revenues increased by 2 percent to NOK 3.833 billion, as growth in wholesale and equipment sales offset fewer customers and a 1 percent fall in mobile service ARPU. Fixed revenues fell by 5 percent to NOK 2.682 billion, as lower telephony revenues offset stable internet and TV sales. EBITDA in Norway decreased by 2 percent year-on-year to NOK 2.910 billion, as the reduction in high-margin legacy revenues was

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Categories: General
Companies: Telenor
Countries: Norway
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