FILE PHOTO: Telenor’s logo is seen in central Belgrade, Serbia, March 21, 2018. REUTERS/Marko Djurica/File Photo
July 20, 2021
STOCKHOLM/OSLO (Reuters) – Norway’s Telenor posted weaker-than-expected second-quarter adjusted operating earnings on Tuesday but slightly raised its full-year revenue outlook.
Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the April-June quarter fell to 12.35 billion Norwegian crowns ($1.38 billion) from 13.18 billion, missing the 12.7 billion expected by analysts in a poll compiled by Telenor.
($1 = 8.9672 Norwegian crowns)
(Reporting by Supantha Mukherjee in Stockholm and Nora Buli in Oslo; editing by Niklas Pollard)
