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(Fornebu, 20 July 2021) «Telenor returned to growth in the second quarter. The growth was driven by strong performance in the Nordics combined with a growing subscriber base and increased data consumption in the Asian markets. Subscription and traffic revenues increased by 2%. Combined with progress on the modernisation agenda this resulted in an EBITDA uplift of 4%.
In Norway, the decline in fixed legacy revenues are offset by growth in fibre and fixed wireless accesses and mobile service revenues. Improved subscription development in Sweden contributed positively towards stabilisation of the subscription and traffic revenues. Furthermore, Finland and Denmark continued its strong performance, delivering both revenue and EBITDA growth in the quarter.
Telenor-veksten svikter i Asia, men i Norden går det så bra at selskapet nå tror 2021 blir enda bedre enn ventet
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Telenor-veksten svikter i Asia – reddes av sterk vekst på hjemmebane
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Norway s Telenor exits Myanmar, sells stake to military-linked firm
Norwegian telecom behemoth Telenor has sold off its Myanmar operations to the Lebanese investment firm M1 Group, a firm now on the Burma Campaign UKs ‘Dirty List’ in 2019 for business ties with the country’s brutal military.
| 10 July 2021 4:38 AM GMT
KOLKATA: Norwegian telecom behemoth Telenor has sold off its Myanmar operations to the Lebanese investment firm M1 Group, a firm now on the Burma Campaign UKs Dirty List in 2019 for business ties with the country s brutal military.
Late on Thursday, Telenor announced that it has sold its mobile operations in Myanmar to M1 group for $105 million.
Norway s Telenor exits Myanmar, sells stake to military-linked firm
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