Telenor Group’s subsidiary in Malaysia, Digi, has today announced its results for the fourth quarter 2021. Telenor’s consolidated figures in NOK million are as follows:
Q4 21 Q4 20
Revenues 3,300 3,429
EBITDA before other items 1,552 1,694
Operating profit 883 976
CAPEX excl. spectrum licences 608 600
Subscription and traffic revenues in local currency decreased by 3%, and EBITDA decreased by 3%. During the quarter, the number of subscriptions decreased by 46k to 10.318 million.
Outlook 2022
• Service Revenue: Return to growth
• EBITDA: Around 2021 level
• Capex to sales: Around 2021 level