Telenor ASA — Earnings Release 2015

Oct 26, 2015

Digi Q3 2015 results

Digi Q3 2015 results

Telenor Group's subsidiary in Malaysia, Digi, has today

reported its third quarter 2015 results. Telenor's

consolidated figures in NOK million are as follows:

Q315 Q314

Revenues 3,390 3,442

EBITDA before other items 1,507 1,558

EBITDA 1,507 1,558

Operating profit 1,162 1,303

Capex 454 534

During the quarter, the total number of subscriptions

decreased by 139,000 to 11.676 million.

Outlook 2015

The 2015 guidance is maintained:

* Low-mid single digit service revenue growth

* EBITDA margin sustained at 2014 level

* Capex sustained at 2014 level