Telenor Group’s subsidiary in Thailand, dtac, 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 5,110 5,550
EBITDA before other items 1,978 2,256
Operating profit 463 701
CAPEX excl. spectrum licences 928 624
Subscription and traffic revenues in local currency decreased by 3%, and EBITDA decreased by 4%. During the quarter the number of subscriptions increased by 26,000 to 19.274 million.
Outlook 2021 (reiterated)
• Service revenues (excl. interconnect): Flat to low single-digit decline
• EBITDA: Flat to low single-digit growth
• Capex: THB 13-15 billion