Telenor: better than expected quarterly results
(CercleFinance.com) - The share of Norwegian telecom operator Telenor is up over 3% on Tuesday in Oslo, one of the best performers in the market, after announcing better-than-expected results.
The country's largest telecommunications and digital services provider this morning reported Q2 Ebitda of 12.35 billion kronor (about 1.2 billion euros), a result which, although down over 6%, is well above the consensus.
At noon Telenor shares were up over 3%.
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