Telenor reports third-quarter 2015 results
Wednesday, October 28th, 2015![Telenor logo Telenor logo](https://www.digitaltvnews.net/wp-content/uploads/logos/telenorcom.jpg)
Telenor reported third-quarter revenues of NOK 31.8 billion and organic revenue growth of 4%. EBITDA before other items was NOK 11.8 billion and the EBITDA margin remained stable at 37%. Adjusted for VimpelCom impairment, net income was NOK 3.6 billion.
Norway
Total fixed revenues decreased by 2% following reduced revenues from fixed telephony and wholesale, partly offset by increased TV, Internet and hardware revenues.
Sweden
The number of TV subscribers declined by 6,000 due to the loss of a cable TV customer.
Broadcast
Revenues in Canal Digital DTH increased by 4% due to currency effects. The effects of a lower DTH subscriber base and lower hardware sales were offset by price increases.
TV subscriptions (thousands)
2014 2015 ------------------ ------------- Q1 Q2 Q3 Q4 Q1 Q2 Q3 --- --- --- --- --- --- --- Fixed* Norway 529 530 530 531 526 528 526 Net Adds 2 1 0 1 -5 2 -2 Sweden 521 517 517 520 517 490 484 Net Adds 237 -4 0 3 -3 -27 -6 Broadcast DTH** 920 915 914 912 905 902 900 Net Adds -9 -5 -1 -2 -7 -3 -2
* TV consists of TV services over fibre and cable.
** Canal Digital
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