295 0 Kommentare Important milestones achieved during the quarter

(Fornebu, 24 October 2018) "The Telenor team delivered another quarter of solid and consistent performance, with stable revenues and a 6% organic EBITDA growth. The steps we have taken over the past two years have laid the foundation for continued value creation.

The third quarter was an important milestone for us in Thailand, as the concession model came to an end. We are very pleased how the transition to the licence model has been executed, removing uncertainty and securing significant access to spectrum and infrastructure. We now have a solid platform to deliver superior data services to our customers and create value in the growing Thai market.

In Norway, network quality is key to our customers and we are proud to have the world's fastest mobile network. Our mobile customer base grew for the first time in three years and in addition, we continued to expand our fibre network and connected close to 9,000 households during the quarter.

In both Pakistan and Bangladesh revenue trends improved, while competition in Myanmar intensified following the entrance of a fourth mobile operator.

We also successfully completed the sale of our operations in Central and Eastern Europe and will continue to drive our transformation forward with a clear focus on growth, efficiency and simplification. Our achievements so far this year confirm the organisation's strength and our ability to execute across the company," said Sigve Brekke, Chief Executive Officer of Telenor Group.

KEY FIGURES

NOK (in millions)	Q3 2018	Q3 2017	First 3 quarters 2018	First 3 quarters 2017	Year 2017	First 3 quarters 2018 (IFRS 15)
Revenues	27 628	27 463	82 225	83 390	112 069	82 219
Organic revenue growth (%)	0.6	0.8	(0.6)	0.9	0.5
Subscription and traffic revenues	21 497	21 460	64 099	64 603	86 314	63 709
Organic subscription and traffic revenue growth (%)	0.2	2.9	0.5	2.3	2.4
EBITDA before other income and other expenses	12 373	11 771	34 981	33 881	44 694	35 087
Organic EBITDA growth (%)	5.6	10.1	5.2	8.4	9.0
EBITDA before other income and other expenses/Revenues (%)	44.8	42.9	42.5	40.6	39.9	42.7
Net income attributable to equity holders of Telenor ASA	5 807	5 756	13 448	9 758	11 983	13 518
Capex excl. licences and spectrum/Revenues (%)	15.3	13.0	13.0	14.5	15.4	13.0
Capex/Revenues (%)	15.5	17.2	15.4	17.4	18.1	15.4
Free cash flow	26 543	9 426	32 130	21 539	24 867	32 130
Mobile subscriptions - Change in quarter/Total (mill.)	0.7	1.9	173	166	168	173