Telenor, which has over 180 million subscribers across Europe and Asia, said its quarterly earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 4 percent to 9.09 billion Norwegian crowns ($1.20 billion), missing expectations for 9.72 billion crowns.
The firm proposed paying a dividend of 7.30 crowns per share on its 2014 earnings, up from the previous year's 7 crowns but missing analysts' expectations for 7.77 crowns.