TELENOR ASA

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Telenor : Digi - results for the first quarter 2021

04/23/2021 | 01:33am

Telenor Group's subsidiary in Malaysia, Digi, has today announced its results
for the first quarter 2021. Telenor's consolidated figures in NOK million are as
follows:

Q1 21 Q1 20
Revenues 3,244 3,538
EBITDA before other items 1,552 1,723
Operating profit 902 1,029
CAPEX excl. spectrum licences 317 314

Subscription and traffic revenues in local currency decreased by 3%, and EBITDA
decreased by 2%. During the quarter the number of subscriptions decreased by 191
thousand to 10.25 million.

Outlook 2021
o Service Revenue: Low single digit decline
o EBITDA: Mid-single digit decline
o Capex to sales: 14-15%


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