Telia Company releases January-September 2021 results
Thursday, October 21st, 2021
Telia Company has releases its Interim Report for January-September 2021.
TV & Media saw continued top line recovery with service revenue growth of 15% to which Ad and Pay/OTT revenue streams contributed equally. Within C More OTT we have seen a 40% growth in sport related subscriptions. Our already strong and broad offering was made even stronger in the quarter through the launch of UEFA Champions League (UCL). UCL investment cost, and other sport-related content costs that were postponed during the height of the pandemic, resulted in an expected EBITDA decline for the quarter. Consumption on our digital ad funded platforms grew by 58% and 22% in Sweden and Finland, respectively. Linear CSOV (Commercial share of viewing) remained strong in both Sweden and Finland.
TV subscriptions (‘000)
2019 -------------------------- Q1 Q2 Q3 Q4 ----- ----- ----- ----- Sweden 863 854 859 861 Finland 568 574 590 600 Norway 502 492 483 480 Denmark 24 23 21 21 Lithuania 234 237 240 244 Estonia 214 217 211 212 TV and Media (SVOD) - - - 653 ----- ----- ----- ----- The Group 2,405 2,397 2,404 3,071 2020 -------------------------- Q1 Q2 Q3 Q4 ----- ----- ----- ----- Sweden 860 901 919 929 Finland 593 578 574 558 Norway 477 475 471 469 Denmark 21 33 31 29 Lithuania 246 249 251 253 Estonia 211 209 209 208 TV and Media (SVOD) 622 593 647 789 ----- ----- ----- ----- The Group 3,030 3,038 3,102 3,235 2021 -------------------------- Q1 Q2 Q3 Q4 ----- ----- ----- ----- Sweden 935 949 975 Finland 590 610 550 Norway 468 477 477 Denmark 29 26 26 Lithuania 253 254 254 Estonia 207 207 207 TV and Media (SVOD) 764 788 835 ----- ----- ----- ----- The Group 3,246 3,311 3,324
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