Telenor Pakistan Q2 2008 Earning Snapshot
Telenor recently announced second quarter results for 2008 and lowered its growth forecast. The stock price fell down afterwards. This comes at a time when the leadership of Telenor Pakistan is about to change. This is in line with my previous post in which I commented on the slowdown for Telenor after a few months of rapid growth. On a positive note the margins improved. According to Bloomberg “Increased costs of living in Pakistan, Bangladesh and Thailand and a rising Norwegian krone prompte
Original post by State of Telecom Industry in Pakistan