Telenor Denmark lifts Q1 service revenue 1% organically amid tough competition

Telenor has reported a 1.3 percent year-on-year decline in first quarter Danish service revenue to NOK 1.16 billion but said service revenue was up by 1.2 percent on an organic basis. The Danish subsidiary says service revenue in local currency was 1 percent higher at DKK 759 as it maintained a strong top line in a “period of change”. Competition was intense, said Telenor.