Telenor Group, Digi Q1 2018 results announced

MALAYSIA (MEDIA REPORT)

Telenor Group’s subsidiary in Malaysia, Digi, has today reported its first quarter 2018 results.

Telenor’s consolidated figures in NOK million are as follows:

.                                                 Q1 18    Q1 17
Revenues                                    3,191   2,989
EBITDA before other items   1,474   1,353
EBITDA                                     1,474   1,354
Operating profit                       1,013   1,019
Capex (excl. spectrum)             362     368

During the quarter, the total number of subscriptions increased by 10,000 to 11.757 million.

Outlook 2018 (maintained)
· Service revenue growth: Flat to low single digit decline
· EBITDA: Around 2017 level (MYR 2,886 m in 2017)
· Capex: 10-12 % of service revenues

Invetors can contact Telenor Investor Relations if have any questions.