0
Broadband

Lyse telecom division lifts FY revenue and EBITDA but one-off costs hit underlying operating profit

Wednesday 1 April 2020 | 11:40 CET | News
Norwegian utility and fibre operator Lyse said that its telecommunication division ended 2019 with revenue of NOK 3.88 billion, up 11 percent from NOK 3.50 billion the year before. EBITDA rose to NOK 1.45 billion from NOK 1.28 billion in 2018. However, the underlying operating profit fell by NOK 27 million to NOK 483 million because of one-off costs for deploying new customer systems and acquisitions, as well as very high investments and consequent write-downs. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Altibox / Lyse
Countries: Norway
::: add a comment
This article is part of dossier

Fibre


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Lyse telecoms arm lifts H1 revenue and EBITDA as Altibox gains over gains 31,400 customers, raises investment

Published 28 Aug 2020 12:40 CET | Norway
Norwegian power and communications operator Lyse has announced a rise in revenue and EBITDA at its telecoms division in the first ...

Lyse invests in Smartboat One monitoring system from Sensario

Published 26 Jun 2020 12:55 CET | Norway
Norwegian operator Lyse said it is investing in Bergen company Sensario's Smartboat One system. Sensario says it is time for ...

Lyse subsidiary Signal Bredband acquires Senjanett

Published 05 Jun 2020 12:25 CET | Norway
Lyse subsidiary Signal Bredband has announced the acquisition of 100 percent of Senjanett and said this extends its position as ...

Fibre generates 55% of Norwegian broadband revenue in 2019, Telenor and Telia shares dip

Published 14 May 2020 14:32 CET | Norway
Norwegian investment in broadband and mobile networks rose NOK 2.5 billion in 2019 to NOK 12.2 billion, according to ...

Altibox Denmark brings in Huawei TV receiver as competition on open access network intensifies

Published 06 May 2020 14:12 CET | Denmark
The Danish arm of Lyse's ISP and TV service provider Altibox is introducing the Huawei television receiver to its operations in ...

Nexans to produce fibre for NO-UK submarine line, Xtera provides project planning and installation

Published 24 Feb 2020 13:23 CET | Norway
Lyse said that the consortium planning the new fibre submarine line linking Norway with the UK has signed an agreement with Xtera ...

Altibox names new CEO as Skjelbred moves to Telenor in Singapore

Published 11 Feb 2020 13:29 CET | Norway
Norwegian fibre provider Lyse has named Tor Morten Osmundsen as the new CEO of Altibox, its ISP and television services arm. He ...

Altibox to construct submarine cable from Norway to Denmark

Published 17 Dec 2019 14:32 CET | Norway
Norwegian operator Lyse said its Altibox arm is planning a 170 km submarine cable from Larvik in Norway to Hirtshals in Denmark. ...

Altibox tops EPSI customer satisfaction ratings for digital TV, retail and corporate broadband

Published 28 Oct 2019 13:01 CET | Norway
Norwegian operator Lyse said its Altibox partnership has come top of the EPSI Rating Norway customer satisfaction and loyalty ...

Lyse telecom ops lifts revenue, profit and customer base in H1 amid competition

Published 30 Aug 2019 12:26 CET | Norway
Norwegian operator Lyse said its telecommunications activities expanded revenue, profitability and customer base in the first ...





Calendar   /   Industry Events

27 Jan Uptime
28 Jan Samsung Electronics Q4 2020
28 Jan Crown Castle Q4 2020
28 Jan Skyworks fiscal Q1
28 Jan Rogers Communications Q4 2020
28 Jan Juniper Networks Q4 2020
28 Jan Comcast Q4 2020
28 Jan 8x8 fiscal Q3
29 Jan Airtel Africa Q4 2020
29 Jan LG Electronics Q4 2020
29 Jan Charter Communications Q4 2020
29 Jan Ericsson Q4 2020
29 Jan Telia Q4 2020
29 Jan NEC fiscal Q3
01 Feb Cirrus Logic Q3
01 Feb On Semiconductor Q4
01 Feb NXP Semiconductors Q4 2020
01 Feb Harmonic Q4 2020
02 Feb Lumentum fiscal Q2
02 Feb Amazon.com Q4 2020
02 Feb Alphabet Q4 2020
02 Feb Viavi fiscal Q2
02 Feb FireEye Q4 2020
02 Feb Telenor Q4 2020
02 Feb Vodacom fiscal Q3
02 Feb Tele2 Q4 2020
03 Feb Turk Telekom Q4 results
03 Feb Qualcomm fiscal Q1
03 Feb Aviat Networks fiscal Q2
03 Feb Adtran Q4
::: More Calendar Items