Telenor Bulgaria's EBITDA, Revenue Rise in H1

Telenor Bulgaria's EBITDA, Revenue Rise in H1

The Bulgarian unit of Norwegian telecommunications group Telenor said on Tuesday, its earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to 130 million levs ($78 million/66.5 million euro) in the first half of the year, from 124 million levs in the like period of 2017.
Telenor Bulgaria's revenue increased to 343 million levs in January-June from 322 million levs in the corresponding period of last year, the company said in an interim financial statement.
In March, Telenor said it has agreed to sell its Central and Eastern European assets to Czech-based investment group PPF for 2.8 billion euro ($3.3 million) on an enterprise value basis. The deal includes Telenor's wholly-owned mobile operations in Hungary, Bulgaria, Montenegro and Serbia and the technology service provider Telenor Common Operation. The transaction has not yet been completed.

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.