Telenor Group’s subsidiary in Malaysia, Digi, has today announced its results for the first quarter 2022. Telenor’s consolidated figures in NOK million are as follows:
Q1 22 Q1 21
Revenues 3,209 3,244
EBITDA before other items 1,573 1,552
Operating profit 915 902
CAPEX excl. spectrum licences 176 317
Service revenues in local currency decreased by 2%, EBITDA increased by 1%. During the quarter, the number of subscriptions decreased by 77k to 10.241 million.
Outlook 2022 (maintained)
• Service Revenue: Return to growth
• Normalised EBITDA: Around 2021 level
• Capex to Total revenue: Around 2021 level