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Telenor maintains guidance, to focus on data, Asia

Says it continues to target operating cash flow of 28 billion to 30 billion crowns by 2015

Reuters Oslo

Mobile phone operator Telenor maintained its 2015 guidance on Tuesday and said it will focus on data revenues and Asian operations to reach its targets.

Norwegian state-controlled Telenor, which has 150 million subscribers across Europe and Asia, said it continues to target an operating cash flow of 28 billion to 30 billion crowns by 2015 and still aims for 5 billion crowns worth of cost saving in 2015.

($1 = 5.9376 Norwegian krones)

 

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First Published: Sep 17 2013 | 3:18 PM IST

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