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    HomeNewsBusinessCompaniesTelenor India unit says achieved breakeven in Gujarat zone

    Telenor India unit says achieved breakeven in Gujarat zone

    Norwegian telecoms company Telenor's Indian unit said on Monday it had achieved breakeven in its core earnings in Gujarat zone and would further expand its network there.

    May 20, 2013 / 16:29 IST

    Norwegian telecoms company Telenor's Indian unit said on Monday it had achieved breakeven in its core earnings in Gujarat zone and would further expand its network there.


    Gujarat is the second of the unit's six operating zones in India to have achieved breakeven.


    The unit, which operates under the Uninor brand, aims to achieve EBITDA (earnings before interest, tax, depreciation and amortisation) and cash flow breakeven in all the six zones during the current year.

    first published: May 20, 2013 04:29 pm

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