Telenor ASA — Earnings Release 2020

Apr 23, 2020

Digi Q1 2020 results

Digi Q1 2020 results

Telenor Group’s subsidiary in Malaysia, Digi, has today reported its first quarter 2020 results. Telenor’s consolidated figures in NOK million are as follows:

Q1 20 Q1 19

Revenues 3,538 3,162

EBITDA before other items 1,723 1,679

Operating profit 1,029 1,042

Capex (excl. spectrum) 314 356

Subscription and traffic revenues in local currency increased by 0.5%, and reported EBITDA decreased by 5%.During the quarter, the total number of subscriptions decreased by 273,000 to 11.009 million.