Telenor Group’s subsidiary in Malaysia, Digi, has today reported its fourth quarter 2020 results. Telenor’s consolidated figures in NOK million are as follows:
Q420 Q419
Revenues 3,429 3,663
EBITDA before other items 1,694 1,784
Operating profit 976 1,130
CAPEX excl. spectrum licences 600 451
Subscription and traffic revenues in local currency decreased by 4% and EBITDA decreased by 5%. During the quarter, the total number of subscriptions decreased by 239,000 to 10.441 million.
Outlook 2021
• Service Revenue: Low single digit decline
• EBITDA: Mid-single digit decline
• Capex to sales: 14-15%