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Telenor: Growing profitability in Q3

Telenor reporter revenues of NOK 26 billion in the third quarter, representing an organic revenue growth of 1%. 

“Telenor Group’s performance this quarter is proof of a sound business with solid earnings and margins. A record high EBITDA of NOK 9.6 billion, as well as an operating cash flow margin of 23 per cent, demonstrates our ability to create value. Our effort to capture growth remains a top priority, while we will continue to drive efficiency improvements,’’ said Jon Fredrik Baksaas, President and CEO of Telenor Group.

To read more, please visit The Norway Post.

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