Telenor targets Internet for all and improved efficiency to reach its cash flow target
(Thomson Reuters ONE) -
Telenor executives take the stage at Fornebu today for the 2013 Capital Markets
Day. Their shared message centers on Telenor's ambition to drive topline growth
and increase efficiency to reach the Group's target of an operating cash flow of
NOK 28-30 billion in 2015.
Watch webcast of Telenor's Capital Markets Day here
Today's Capital Markets Day presentations will focus on monetising on mobile
data growth and improving efficiency. A key element in the company's growth
strategy is to bring Internet to all. The company believes in tapping into the
vast base of unconnected subscribers, driving revenue growth from mobile data.
Telenor shares its continued ambition to achieve efficiency gains of NOK 5
billion towards 2015, and operating cash flow of NOK 28-30 billion in 2015.
Speakers on today's agenda represent dtac in Thailand, Region Europe and Telenor
Norway, while CEO Jon Fredrik Baksaas and CFO Richard Aa will share Telenor
Group's strategic direction and financial priorities.
"This year's Capital Markets Day program shows that we continue to build on our
strong regional footprint and market positions in Europe and Asia. Continued
growth combined with improved efficiency is vital to reach our cash flow target.
Mobile internet is a catalyst for growth for societies and individuals and must
be accessible to everyone," said Jon Fredrik Baksaas, CEO of Telenor Group.
Contact information:
Investor Relations
Marianne Moe, Head of Investor Relations, Mobile: (+47) 91 61 76 31
Media
Meera Bhatia, Communications Manager,
Mobile: (+47) 4684 4959, E-mail: meera.bhatia(at)telenor.com
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
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originality of the information contained therein.
Source: Telenor via Thomson Reuters ONE
[HUG#1729585]
Unternehmensinformation / Kurzprofil:
Datum: 17.09.2013 - 10:31 Uhr
Sprache: Deutsch
News-ID 297234
Anzahl Zeichen: 2347
contact information:
Town:
OSLO
Kategorie:
Business News
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