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Mobile data and Asia driving growthIn the second quarter of 2010, Telenor Group reported revenues of NOK 25.2 billion, representing an organic revenue growth of 5 per cent. The EBITDA margin in the second quarter of 2010 was 28 per cent, and operating cash flow margin was 16 per cent. Adjusted operating profit was NOK 2.9 billion. Telenor's mobile operations added 5.4 million subscriptions during the quarter.
Telenor and Altimo to Create a Leading Emerging Markets Mobile Operator
(OSLO/MOSCOW/KYIV 5 October 2009) Telenor Group and Altimo (the telecom arm of the Alfa Group) announce an agreement to combine their common assets in VimpelCom and Kyivstar to create a leading emerging markets mobile operator.