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Telenor raises FY forecast for growth in underlying EBITDA thanks to cost cuts

2020-10-21 09:25:00| Telecompaper Headlines

(Telecompaper) Telenor said it now expects to report a small increase in underlying EBITDA this year, after a return to growth in the third quarter. Organic subscription and traffic revenue is still expected to show a low single-digit decline as some countries in Asia, such as Thailand and Malaysia, are affected by lower revenues due to the coronavirus pandemic. 

Tags: to cost growth underlying

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