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Telenor sets new targets for up to 2% service revenue growth, further cost reductions

2020-03-03 12:13:00| Telecompaper Headlines

(Telecompaper) Telenor is targeting subscription and traffic revenue growth between zero and 2 percent per year from 2020 to 2022, the operator announced at its Capital Markets Day on 03 March. It still plans a year-on-year increase in its ordinary dividend per share over this medium term. In addition, Telenor aims for net operating expenditure reductions of between 1 percent and 3 percent annually and a ratio of capital expenditure to sales of approximately 15 percent.

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Category:Telecommunications

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