Telecom network operator Telenor has made an investment of NOK 5.7 billion or $673 million in the third quarter of 2015.
Investment of Telenor in the second quarter was NOK 6,719 million and 4,657 million in Q1 2015.
Capex to sales ratio has increased to 17.2 percent in first nine months of 2015 from 15.6 percent in 2014, 14.1 percent in 2013 and 12.1 percent in 2012.
The company believes that data monetization is required to drive value creation. Growth in total data traffic in Telenor networks was 95 percent in Q3 2015 as compared with Q3 2014.
Telenor invested NOK 1,009 million in Norway, NOK 348 million in Sweden, NOK 71 million in Denmark, NOK 83 million in Broadcast business, NOK 70 million in Hungary, NOK 110 million in Montenegro and Serbia, NOK 84 million in Bulgaria, NOK 1,789 million in dtac Thailand, NOK 454 million in digi Malaysia, NOK 723 million in Myanmar, NOK 488 million in Grameenphone Bangladesh and NOK 266 million in Pakistan and NOK 190 million in India.
Meanwhile, Telenor reported revenues of NOK 31.8 billion and organic revenue growth of 4 percent in Q3 2015.
“More than five million new customers connected to Telenor, and almost 200 million people are using our services. Going forward, it is of utmost importance that we monetise this growth in order to secure healthy returns on our significant investments,”’ said Sigve Brekke, president and CEO of Telenor Group.
Baburajan K
editor@telecomlead.com
