Jon Fredrik Baksaas

Results for the first quarter 2006: strong growth and higher profits
(Fornebu, 4 May 2006) In the first quarter of 2006, Telenor's revenues increased by 43 per cent compared to the first quarter of 2005, reaching NOK 21.9 billion. The underlying revenue growth was 15 per cent. Profit before taxes was NOK 5.9 billion. During the quarter, the total number of mobile subscriptions increased by 7 million, reaching 90 million.

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