Telenor delivers “solid” 2017

Telenor, the Norwegian multinational telco, has reported that full year revenues increased by 1 per cent to NOK 32.1 billion (€3.36bn).

In a statement, the company said: “In 2017, Telenor delivered a solid set of results due to strong execution from across the company and continued follow-through on efficiency measures and our strategy. We met our financial targets and reported strong financial results for the past year, marked by a 1 per cent organic increase in revenues and total net cost reductions of NOK 1.6 billion, leading to increased profitability and cash flow of NOK 25 billion.

Source: Telenor delivers “solid” 2017