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General

Telenor sets new targets for up to 2% service revenue growth, further cost reductions

Tuesday 3 March 2020 | 12:13 CET | News
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Telenor is targeting subscription and traffic revenue growth between zero and 2 percent per year from 2020 to 2022, the operator announced at its Capital Markets Day on 03 March. It still plans a year-on-year increase in its ordinary dividend per share over this medium term. In addition, Telenor aims for net operating expenditure reductions of between 1 percent and 3 percent annually and a ratio of capital expenditure to sales of approximately 15 percent.

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Categories: General
Companies: Telenor
Countries: Asia / Norway / Scandinavia
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