dtac - results for the first quarter 2020

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

Q1 20 Q1 19
Revenues 6,097 5,284
EBITDA before other items 2,329 2,006
Operating profit 730 637

Capex (excl. spectrum) 262 1,183

Subscription and traffic revenues in local currency increased by 3%. The reported EBITDA margin was 38%. During the quarter, the total number of subscriptions decreased by 1.0 million to 19.6 million.