Telenor posts losses in Denmark and Sweden

Norwegian telecom giant Telenor http://www.telenor.no has posted a loss of more than 3 billion Norwegian Kroner (358.7 million euros) for its operations in Denmark and Sweden. As the Financial Times (FT) http://www.ft.com reports, Telenor has benefited from strong growth in its international operations, which include mobile operators in Malaysia, Bangladesh, Russia and Hungary, but has struggled to assert itself in neighbouring Scandinavian markets.