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Telenor lowers FY outlook to flat revenues on tough Asian markets

2019-07-16 09:04:00| Telecompaper Headlines

(Telecompaper) Telenor has lowered its full year outlook to flat underlying revenues and a small decline in EBITDA, due to weaker results at its Asian activities. Nevertheless, the company said its strategy was on track, with an EBITDA margin of nearly 40 percent in Q2 and progress in accelerating revenues and reducing costs. 

Tags: flat markets asian outlook

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