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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, April 26, 2013

Telenor Scales Back Growth Forecast



Telenor lowered its forecast for 2013, predicting that its revenues will rise between 2% and 4% in organic terms, compared with its earlier forecast of 3% to 5%. In the first quarter, the Oslo-based group saw its revenues rise just 0.3% on an organic basis to 24.72 billion Norwegian krone (4.24 billion US dollars), after growing more than 5% in 2012. It blamed "multiple issues in Asia." source: Telenor presentation

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