Telenor Group’s subsidiary in Thailand, dtac, has today reported its fourth quarter 2020 results. Telenor’s consolidated figures in NOK million are as follows:
Q420 Q419
Revenues 6,044 6,429
EBITDA before other items 1,951 2,218
Operating profit 255 524
CAPEX excl. spectrum licences 1,607 1,146
Subscription and traffic revenues in local currency decreased by 9%, and EBITDA decreased by 9%.During the quarter, the total number of subscriptions increased by 173,000 to 18.856 million.
Outlook 2021
• Service revenues (excl. interconnect): Low-single digit decline
• EBITDA: Low single digit decline
• Capex: THB 13-15 billion