Telenor beats quarterly profit forecast, sees 2020 earnings growth
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OSLO (Reuters) - Norway's Telenor posted higher-than-expected fourth-quarter operating profits on Wednesday and said it expects its underlying earnings to rise in 2020 after last year's decline.The company's October-December profit before interest, tax, depreciation and amortisation (adjusted EBITDA) rose 17% year-on-year to 11.88 billion Norwegian crowns (1.01 billion pounds), while analysts on average had expected profits of 11.68 billion."Entering 2020, we will continue to focus on growth,..