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General

Telenor sees growth slowing, margin pressure in 2016

Wednesday 10 February 2016 | 08:43 CET | News
Telenor expects its growth to slow and margins to come under pressure in 2016, amid fierce competition and headwinds in key markets like Thailand and Malaysia. After reporting 4.7 percent organic revenue growth in 2015, the company expects the growth rate to slow to 2-4 percent this year, while the EBITDA margin will drop to 33-34 percent from 34.5 in 2015. The company said it will continue to invest in the roll-out of mobile and fixed broadband networks, maintaining capital expenditure at a high 17-19 percent of sales this year versus 18.4 percent in 2015. The outlook is in line with a

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Categories: General
Companies: Telenor
Countries: Asia / Eastern Europe / Scandinavia
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