Telenor made strategic progress in a challenging quarter
Service revenues fell 0.7% and EBITDA fell 4.8% organically, while the company expanded broadband and secured defence contracts.
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International telecommunications and digital services group
telenor.comLast updated
In short: Telenor was charged with aiding crimes against humanity in Myanmar while completing major divestments in Pakistan and Thailand.
Service revenues fell 0.7% and EBITDA fell 4.8% organically, while the company expanded broadband and secured defence contracts.
The acquisition makes Telenor Sweden's second-largest fixed broadband provider, valuing Bahnhof at SEK 6.1 billion.
The framework is valued up to GBP 5.4 billion over eight years, covering tactical comms systems and components.
The acquisition includes Enivest's fibre network, 28,000 customers, and a stake in Årdalsnett, strengthening Telenor's broadband position.
Oslo-based Telenor’s former operations in Myanmar came back to haunt the large telecoms firm once again on Tuesday, when it ...
Telenor ( (GB:0G8C)) has issued an announcement. Telenor ASA has disclosed that Norwegian authorities have opened an investigation and brought charges against the company over...
Telenor is charged with violating the sanctions law and is suspected of committing crimes against humanity.
According to The Globe and Mail, the transaction involves Telenor carving out its IoT connectivity operations into a dedicated joint venture structure, which in turn...
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