Telenor revenues down in Norway, EBITDA margin stable

Tuesday 23 July 2013 | 13:21 CET | News
Telenor reported a drop in revenues in its home market Norway in the second quarter, in part due to a restatement of revenues from mobile content. The one-time correct of NOK 114 million related to the period Q1 2011 to Q1 2013 and resulted in a 3 percent fall in mobile revenues to NOK 3.257 billion for Q2. Excluding this, mobile revenues were stable, while fixed revenues declined 2 percent to NOK 2.895 billion amid fewer lines and lower wholesale revenue. EBITDA fell to NOK 2.626 billion from NOK 2.690 billion a year ago, while the margin was stable at 42.5 percent. Telenor added a net

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Categories: General
Companies: Telenor
Countries: Norway
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