Telenor Performance Review
Telenor delivered a solid third-quarter performance, with service revenues growing by 2.7% year-over-year and adjusted EBITDA increasing by 5.4%.
Nordics as Key Growth Engine
The Nordic business showed robust results, with 2.1% organic growth in service revenues and an 8.0% increase in adjusted EBITDA, driven by solid service revenue gains and effective cost reductions.
Asia Performance
Adjusted EBITDA in Asia rose by 4%, despite facing headwinds.
So far this year, Telenor Group has delivered an adjusted EBITDA of NOK 27.5 billion and free cash flow before M&A of NOK 8.8 billion.
Telenor continues solid performance in the Nordics, while facing headwinds in Asia
Author's summary: Telenor's Q3 performance was solid, driven by Nordic growth.
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