Telia Lietuva results for the three months of 2021 - Seite 2

Also we have started a strategic project to upgrade our mobile network with Ericsson equipment throughout Lithuania. About 2,000 base stations will be installed over the next three years, making Telia Lietuva network more sustainable, secure and ready for commercial 5G deployment in the future. This will be one of the biggest investment projects ever.

In February, we’ve launched eSIM services using the most advance VoLTE technology. We kicked-off with Samsung smartphones and watches, but soon eSIM service will be available with devices of other vendors.

By the end of March we already had 80 thousand of households appreciating benefits of unique on the market converged service offer, Telia1. Over the last twelve months:
- number of mobile service subscriptions increase by 2.7 per cent up to 1,385,
- number of IPTV users grew by 2.8 per cent up to 253 thousand,
- number of FTTH Internet customers was up by 1.5 per cent up to 299 thousand.

Intake of new customers in combination with the persisting demand for quality connectivity and content as well as IT solutions drives revenue up. Compared with first quarter of 2020 over the year:
- revenue from IT services surged by 26.5 per cent,
- revenue from TV services grew by 11.6 per cent,
- revenue from broadband Internet services increased by 8.7 per cent,
- revenue from billed mobile communication services went up by 5.2 per cent.

Higher revenue and control of operating expenses resulted in higher earnings in 2021 that a year ago. Also, during the first quarter of 2021 we sold our office building in Kaunas and recorded a EUR 1.2 million gain from this sale.

We remain committed to our sustainability agenda. Together with the colleagues from Estonia we are the first in Telia Company Group to reached parity of male and female employed and equal number of male and female managers. Our efforts were recognised during National Responsible Business Awards – Telia Lietuva was named as the Best Employer in 2020 among the large corporations. We are also number one operator in Lithuania according to Sustainable Brand Index rating. As a proof, in March we offered refurbished phones – used but tested smartphones for affordable price.