Norwegian telecoms giant Telenor has announced that it aims to make cost reductions of around NOK5 billion (USD876 million) over the course of the next four years, as heightened competition continues to drag down earnings. According to Reuters, Telenor aims to make such savings by 2015, and it is understood that improved performance in Russia is viewed by the Norwegian outfit as one of the key factors in improving earnings. In order to trim expenses, it has meanwhile been suggested that Telenor may look to implement network sharing deals similar to those which it already has in Sweden and a number of other countries, with such agreements expected to reduce costs and capital expenditures by as much as 35%.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors