Telenor Group’s subsidiary in Malaysia, Digi, has today announced its results for the third quarter 2021. Telenor’s consolidated figures in NOK million are as follows:
Q3 21 Q3 20
Revenues 3,308 3,435
EBITDA before other items 1,670 1,735
Operating profit 993 1,051
CAPEX excl. spectrum licences 346 279
Subscription and traffic revenues in local currency decreased by 3%, and EBITDA remained stable. During the quarter the number of subscriptions increased by 148,000 to 10.365 million.
Outlook 2021 (updated)
• Service Revenue: Low single digit decline
• EBITDA: Low to mid-single digit decline (from mid-single digit decline)
• Capex to sales: 13-14% (from 14-15%)