{"id":835552,"date":"2024-07-18T17:04:10","date_gmt":"2024-07-18T11:34:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=835552"},"modified":"2024-07-22T08:39:05","modified_gmt":"2024-07-22T03:09:05","slug":"telenor-hikes-2024-sales-forecast-after-in-line-q2-earnings-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/18\/telenor-hikes-2024-sales-forecast-after-in-line-q2-earnings-2\/","title":{"rendered":"Telenor hikes 2024 sales forecast after in-line Q2 earnings"},"content":{"rendered":"<p>Norwegian telecom operator Telenor raised its 2024 sales expectations on Thursday after its second-quarter earnings met market expectations.<br \/>\nThe company hiked its full-year forecast for Nordic service revenues to low- to mid-single-digit organic growth, compared with the previous forecast of low single-digit growth. <\/p>\n<p>Earnings before interest, tax, depreciation and amortisation (EBITDA) before other items rose to 8.79 billion Norwegian crowns ($820 million) in the April to June quarter from 8.77 billion crown a year earlier, matching analysts&#8217; expectations in a consensus poll provided by the company. <\/p>\n<p>Telenor said it benefited from growth in the Nordic and Asian markets, backed by strategic investments in technology and cybersecurity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Norwegian telecom operator Telenor raised its 2024 sales expectations on Thursday after its second-quarter earnings met market expectations. The company hiked its full-year forecast for Nordic service revenues to low- to mid-single-digit organic growth, compared with the previous forecast of low single-digit growth. Earnings before interest, tax, depreciation and amortisation (EBITDA) before other items rose to 8.79 billion Norwegian crowns ($820 million) in the April to June quarter from 8.77 billion crown a year earlier, matching analysts&#8217; expectations in a consensus poll provided by the company. Telenor said it benefited from growth in the Nordic and Asian markets, backed by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-835552","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/835552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=835552"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/835552\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=835552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=835552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=835552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}