Telenor Group’s subsidiary in Thailand, dtac, has today reported its third quarter 2020 results. Telenor’s consolidated figures in NOK million are as follows:
Q320 Q319
Revenues 5,550 5,857
EBITDA before other items 2,256 2,306
Operating profit 701 842
CAPEX excl. spectrum licences 624 717
Subscription and traffic revenues in local currency decreased by 8%, and EBITDA decreased by 3%. During the quarter, the total number of subscriptions decreased by 107,000 to 18.683 million.
Outlook 2020
• Service revenues (excl. interconnect): Mid-single digit decline (previous low single digit decline)
• EBITDA: At 2019 Level
• Capex: THB 8-10 billion