Telenor shares drop after phone carrier warns earnings will fall

📆 16/07/2019 08:45:00
📰 fmtoday

⏱ Reading Time:
27 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 72%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The company’s earnings before interest depreciation and amortisation fell 2%. FMTNews Telenor

Telenor is being pressured by slow growth in its mature markets in the Nordic region and competition at its businesses across Asia.

The company’s earnings before interest depreciation and amortisation fell 2% to 11.1 billion kroner , missing an estimate of 11.3 billion kroner. Revenue was in line with estimates at 28 billion kroner. Telenor is being pressured by slow growth in its mature markets in the Nordic region and competition at its businesses across Asia.

It’s also in talks with Axiata Group to merge operations in Asia, combining their telecom and infrastructure assets to create a company with 300 million customers in nine countries.

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Berjaya Land shares flat despite Icelandair Hotels share acquisition | Malay MailKUALA LUMPUR, July 16 — Berjaya Land Bhd’s share price was flat this morning at 18 sen per share despite its plan to acquire a majority share in Icelandair Hotels ehf and related real estate. At 11.31am, there were 6.85 million shares traded. The company is buying a 75 per cent stake in...
Fonte: malaymail - 🏆 1. / 86 Consulte Mais informação »