0
General

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

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Tele2 / Telenor Sweden
Countries: Sweden
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telenor Sweden launches cloud videoconferencing service

Published 09 Feb 2015 12:47 CET | Sweden
Telenor Sweden said it is introducing a cloud-based teleconferencing service called Telenor Videomote. There is no need for any ...

Telenor Sweden denies selling customer data

Published 29 Jan 2015 13:14 CET | Sweden
Telenor Sweden denies having sold any customer information, in connection with a TV4 programme concerning a court case in Malmo. ...

Swedish Red Cross picks Telenor Contact Center for helpline

Published 16 Dec 2014 13:10 CET | Sweden
Telenor Sweden said the Red Cross has picked its cloud-based call exchange service Telenor Contact Center for its counselling ...

Half of Tele2 Sweden's managers are women

Published 25 Nov 2014 12:39 CET | Sweden
Half the members of Tele2 Sweden's management team are women, according to an article on Computer Sweden's website. CEO Thomas ...

Telenor Sweden offers 1 TB cloud storage with OneDrive

Published 04 Nov 2014 13:01 CET | Sweden
Telenor Sweden said it its adding OneDrive for Business from Microsoft to its enterprise product portfolio, providing 1 TB of ...

Tele2 Sweden lifts Q3 net sales as mobile customers grow

Published 23 Oct 2014 12:04 CET | Sweden
Tele2 Sweden said the third quarter of 2014 was characterised by strong demand for mobile data as well as by continued ...

Telenor Norway appoints Zetterberg CTO

Published 27 Aug 2014 12:47 CET | Norway
Telenor Norway said it has appointed Magnus Zetterberg as its new chief technology officer (CTO) from 01 October, replacing ...

Telenor Sweden sales up on acquisition, loses more customers

Published 23 Jul 2014 12:41 CET | Sweden
Telenor Sweden reported an increase in second-quarter revenues, to NOK 2.84 billion from NOK 2.67 billion a year earlier, thanks ...