Norway’s Telenor Flags Lower Earnings On Dismal Asian Businesses

www.oann.com | 6/1/2017 | Staff
bungienet (Posted by) Level 3
OSLO (Reuters) – Norwegian telecoms group Telenor said on Tuesday the company expects a decline in earnings for the rest of the year, dented by problems faced at some of its Asian operations.

The new guidance includes an “adjusted outlook” at its Malaysian operations, Digi, as well as a provision from its Grameenphone business in Bangladesh, Telenor said.

Company - Sunday - Earnings - Hit - Errors

The Norwegian company had said on Sunday its second-quarter earnings would take a hit from “errors” discovered at Grameenphone.

“Based on this and on...
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