Uninor grows Q3 revenues 38%

Wednesday 29 October 2014 | 12:56 CET | News
Indian mobile operator Uninor reported revenue growth in local currency of 38 percent for the third quarter, on a growing customer base, higher ARPU and expanded network coverage. Parent company Telenor reported revenues for the Indian subsidiary of NOK 1.074 billion, up from NOK 729 million a year ago. The adjusted EBITDA loss was little changed at NOK 136 million, as the operator stepped up network roll-out. Capex jumped to NOK 997 million in the quarter, with 3,100 new sites added. Of the 5,000 new sites planned under the expansion programme started in Q1, 4,400 are completed, taking

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Categories: Mobile & Wireless
Companies: Telenor / Uninor
Countries: India
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