Norway's Telenor flags lower earnings on dismal Asian businesses

  • 📰 Reuters
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Norwegian telecoms group Telenor said on Tuesday the company expects a decline i...

FILE PHOTO: Telenor flag flutters next to the company's headquarters in Fornebu, Norway, June 1, 2017. REUTERS/Ints Kalnins/File Photo

The new guidance includes an “adjusted outlook” at its Malaysian operations, Digi, as well as a provision from its Grameenphone business in Bangladesh, Telenor said. “Based on this and on the results so far this year, we expect subscription and traffic revenues at about the 2018 level and a low single-digit EBITDA decline,” the telco said in a statement.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asian shares tick up, U.S. data, earnings in focus ahead of FedAsian shares inched up on Tuesday as traders awaited U.S. retail sales data and ...
La source: Reuters - 🏆 2. / 97 Lire la suite »

Asian shares inch up as cautious investors await U.S. data, earningsMajor Asian equity indicators nudged higher on Monday as investors awaited U.S. ... 😉 Follow = Follow Back 😋 ....
La source: Reuters - 🏆 2. / 97 Lire la suite »

China GDP fallout; Bank earnings; Prime DayToday’s top business headlines: - Major averages hit new records - China's economy slows as trade war continues - Secret deodorant to contribute $529,000 to US women's soccer
La source: CNN - 🏆 4. / 95 Lire la suite »

U.S. corporate earnings lose their tax-cut mojoForecasts now show S&P 500 profit declining in the second quarter, a sharp turnaround from a year ago, as revenue gains slow. Prognosticators see earnings growth back in double digits in 2020, but they could be wrong again – a possibility record stock prices may not reflect.
La source: Breakingviews - 🏆 470. / 51 Lire la suite »