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Telenor gives new guidance minus India signals exit
Norway’s Telenor distanced itself further from the Indian market on Tuesday, excluding the country from its 2012 forecasts for the first time after licencing problems there led to massive writedowns that weighed on its quarterly results.
State-controlled Telenor posted a quarterly net loss of 390 million crown including minority interests after writing off the remaining 3.9 billion crown ($672.45
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