Telenor ASA — Earnings Release 2017

Apr 20, 2017

dtac - Q1 2017 results

dtac - Q1 2017 results

Telenor Group's subsidiary in Thailand, dtac, has today reported its

first quarter 2017 figures to the Stock Exchange of Thailand.

Telenor's consolidated figures in NOK million are as follows:

Q117 Q116

Revenues 4,751 5,260

EBITDA before other items 1,656 1,778

EBITDA 1,653 1,741

Operating profit 193 515

CAPEX 1,076 1,139

During the quarter the number of subscriptions decreased by 170,000

to 24.310 million.

Outlook 2017 (unchanged)

- Service revenues (excluding interconnect) same level as previous

year

- EBITDA at least same level as previous year

- CAPEX THB 17-20 billion