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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.
Tags: service
cost
growth
sets
Telenor offers higher dividend after drop in profit in 2019, sees return to underlying EBITDA growth in 2020
2020-01-29 08:52:00| Telecompaper Headlines
(Telecompaper) Telenor has increased its dividend by 4 percent to NOK 8.7 per share, despite a drop in net profit over the past year due to divestments and provisions. Cash flow also turned negative after the acquisition of DNA in Finland. Underlying EBITDA fell 2.6 percent, in line with its outlook, and Telenor said it aims to return the figure to growth of 2-4 percent in the new year. Organic revenue growth is estimated flat to 2 percent higher this year, after a 1.2 percent rise in 2019.
Telenor Maritime to benefit from the Nordic Gateway at NJFX
2020-01-29 01:00:00| Total Telecom industry news
NJFX is a carrier-neutral campus that currently hosts four subsea cable networks, making it a major hub for East Coast connectivity. Now, Telenor Maritime has announced that it will access the 7200 km Havfrue subsea cable system linking the US to Northern Europe via the NJFX campus…read more on TotalTele.com »
Tags: benefit
gateway
maritime
nordic
Telenor names new CEOs in Thailand, Myanmar, Bangladesh
2020-01-16 13:50:00| Telecompaper Headlines
(Telecompaper) Telenor has announced management changes across its Asian operations. The CEO of Telenor Myanmar, Sharad Mehrotra will be the new CEO of Thai operator Dtac, as Alexandra Reich leaves the company. In Bangladesh, deputy CEO and CMO of Grameenphone, Yasir Azman will take over the top job, as current CEO Michael Foley relocates to Africa, where his family is based.
Tags: names
thailand
bangladesh
myanmar
Telenor to keep the faith with Huawei on 5G
2019-12-16 01:00:00| Total Telecom industry news
Norway's biggest telco, Telenor, has announced that it will continue to use Huawei kit in its 5G networks, which are scheduled to launch next year. Huawei will be involved in the Radio Access portion of Telenor's next generation mobile network…read more on TotalTele.com »
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