Data growth and margin expansion
(Fornebu 23 July 2014) Telenor Group is reporting solid financial performance for the second quarter with profitable growth. The results show close to four million new customers, continued revenue growth, a strong EBITDA margin of 36% and an operating cash flow of more than NOK 5.6 billion. Telenor Group reported revenues of NOK 26.8 billion in the quarter, representing an organic revenue growth of 1.6%. “The strong results in Norway reflect the rapid rise in customer demand for mobile data and our ability to provide relevant services supported by superior…
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