Thursday, May 3, 2007

Telenor raises sales guidance after Q1 dip

(Reuters) - The result for the telecom group was in line with an average forecast of 7.06 billion crowns in a Reuters poll of 16 analysts, whose estimates ranged between 7.06 billion and 7.55 billion crowns.

"We expect growth in reported revenues of between 3 percent and 5 percent," Telenor ASA said in a statement, adjusting an earlier forecast of 0-5 percent growth this year.


Read more at Reuters.com Market News

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