By Dominic Chopping
Norwegian telecommunciations company Telenor ASA (TEL.OS) said
Tuesday that it has adjusted its previously announced 2013 results
to account for its 4.45 billion Norwegian kroner ($746.5 million)
share of impairments booked by Russian company VimpelCom Ltd.
(VIP), in which it owns a 33% stake.
Telenor's total share of the impairment losses was NOK5.54
billion, which related to Kyivstar in Ukraine and Wind Mobile in
Canada, but that total was partially offset by a NOK1.09 billion
gain from Telenor's transfer of Kyivstar shares to VimpelCom
Ltd.
At 0842 GMT Telenor shares traded 0.8% higher at NOK128.40.
Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter:
@WSJNordics
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