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Telia Norway Q2 sales and EBITDA hit by weak krone

Wednesday 20 July 2016 | 11:40 CET | News
Telia said Norwegian sales fell to SEK 2.162 billion in the second quarter of 2016 from SEK 2.389 billion a year earlier, with service revenue in local currency down 0.4 percent, excluding acquisitions and disposals. The number of mobile subscriptions declined by 1,000 in the quarter to 2.272 million. EBITDA fell to SEK 731 million from SEK 705 million in the second quarter of last year, with the weakness of the Norwegian krone having an effect.

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Categories: Mobile & Wireless
Countries: Norway
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