Telenor Sweden grows Q3 revenue 3%

Wednesday 29 October 2014 | 13:20 CET | News
Telenor Sweden posted third-quarter revenues up 3 percent and adjusted EBITDA 6 percent higher in local currency, helped by its takeover of Tele2's cable business, higher handset sales and growing mobile data usage. Total revenues reached NOK 2.891 billion versus NOK 2.766 billion a year earlier, and adjusted EBITDA increased to NOK 964 million from NOK 931 million. Adjusting for the Tele2 deal, the EBITDA margin rose 1 percent point thanks to lower maintenance and operating costs. The mobile activities added 18,000 customers in Q3, for a total 2.491 million, of which two-thirds were active

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Categories: General
Companies: Tele2 / Telenor Sweden
Countries: Sweden
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