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Telia Norway Q2 net sales rise 2.5%, EBITDA up 6.45% in local currency thanks to Phonero synergies

Friday 20 July 2018 | 11:39 CET | News
Update: 20 July 2018 | 13:29 CET
Telia Norway said that second quarter net sales increased 7.2 percent in reported currency to SEK 2.75 billion from SEK 2.57 billion, or by 2.5 percent in local currency to NOK 2.54 billion, driven by higher mobile equipment sales. In local currency, adjusted EBITDA increased 6.4 percent to NOK 910 million as the impact of lower service revenues was compensated for by reduced costs, mainly thanks to synergies from the Phonero acquisition.

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[20/07/2018 13:29 - Update: Adds Norwegian kroner figures for total net sales, mobile service revenue and EBITDA]


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Categories: Mobile & Wireless
Companies: Chess / Telia / Telia Norway
Countries: Norway
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