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Satnews Daily
October 25th, 2012

Telenor... Financially Speaking... (Business)


[SatNews] In the third quarter of 2012, Telenor Group reported revenues of...

...NOK 25.3 billion, representing an organic revenue growth of 3 percent. EBITDA before other items was NOK 8.8 billion, EBITDA margin was 34.8 percent, and operating cash flow was NOK 5.5 billion.

"I am proud of our recent launch of 4G services in 11 cities in Norway. The rollout continues at rapid speed, and more than nine out of every ten Norwegian will have access to our 4G network in 2015. Telenor's significant and long term investments enable us to deliver superior coverage and network quality, catering for the strong uptake of data services. The increased data usage and migration to bundled tariffs contributed to revenue growth this quarter," said Jon Fredrik Baksaas, President and CEO of Telenor. To read the entire financial report, select this direct link.